Featured Articles for December 2022
Individual Taxpayers: The Year in Review
As we close out the year, here’s what individuals and families need to know about tax provisions for 2022.
Small Business Taxpayers: The Year in Review
Whether you file as a corporation or a sole proprietor, here’s what business owners should keep in mind regarding their 2022 taxes.
Tips To Avoid Credit Card Debt This Holiday Season
Credit card balances typically increase during the holiday shopping season. These tips will help you avoid overspending and keep credit card spending on track.
Advertising and Marketing Costs May Be Tax Deductible
As a small business owner, you may be able to deduct advertising and marketing expenses that help you save money on your taxes.
Tax Tips
QuickBooks Tips
Tax Due Dates
December 12
Employees who work for tips – If you received $20 or more in tips during November, report them to your employer. You can use Form 4070.
December 15
Corporations – Deposit the fourth installment of estimated income tax for 2022. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
Employers Social Security, Medicare, and withheld income tax – If the monthly deposit rule applies, deposit the tax for payments in November.
Employers Nonpayroll withholding – If the monthly deposit rule applies, deposit the tax for payments in November.
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Please call us at (727) 785-5228 if you have any questions.
Sean Davis CPA PA
29605 U.S. Hwy 19 N., Suite 260
Clearwater, FL 33761
(727) 785-5228