President Trump issued a presidential memorandum on August 8, 2020 directing the United States Secretary of the Treasury to authorize the deferral of the withholding, deposit and payment of the employee’s share of the social security tax (6.2%) and the employee’s share of the RRTA equivalent tax, on applicable wages and compensation paid from September ... Read More ›
Starting September 3, 2019 The Indiana Department of Revenue rolled out a new website called INTIME and implemented phase 1 of the rollout. Beginning September 8, 2020, The Department of Revenue will rollout phase 2 of the new e-services portal, INTIME, and will begin to support additional tax types on the portal.
All existing businesses who ... Read More ›
In response to the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced on Tuesday, March 17th, that the Trump Administration is granting an additional 90 days to pay taxes owed, without any interest or penalties. Individuals can defer up to $1 million dollars of tax liability and corporations up to $10 million in tax liability.
The filing ... Read More ›