NEW YORK STATE TAX INFO

Metropolitan Commuter Transportation Mobility Tax This tax is imposed on employers at a rate of .34% (.0034) and self employed businesses located in NYC five boroughs: (Manhattan, Bronx, Brooklyn, Queens and Staten Island), as well as the following counties: Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester. The first payment is due November 2, 2009

NYS LLC and Partnerships due date January 30, 2010 Every Single Member LLC, Multi-Member LLC or LLP that has income or expenses from NYS sources must E-file form IT-204-LLC by January 30, 2010. In addition, Regular Partnerships with 2008 gross income from NYS sources equal or in excess of $1 million must also efile this form. Fill out this one page sheet and return it to us as soon as possible.

CALIFORNIA TAX INFO

CA Independent Contractors If you hire freelancers in California, please read this. You are required by law to report to the EDD if you have paid $600 to an independent contractor (freelancer) within 20 days of paying or contracting them. (One page).

Los Angeles Business Tax If you live and/or do business in LA, you may be liable for this tax. (One page).

OTHER TAX INFO

Sales and Use Tax on Out-of-State Purchases Read this one page suggestion on how to handle calculating it.

TaxTips More tips for Education Tax Credits, College Savings and Tuition Plans, IRAs, Sales Tax, Extensions and many more items. (6 pages).

TaxTips Education/Parents Take a look at the various ways you can save money for education for your children or yourself, this includes Pre-paid Tuition, College Savings Plans, Education IRAs and regular IRAs, Hope Scholarship, and Lifetime Learning Tax Credits. (4 pages).

Tax Prep Times Read about this tax deductible gem in the IRS code that not many people know about: medical and insurance expenses may be deducted as a business expense if you qualify. (One page).

Tax Guidelines Tips for mutual fund and stock recordkeeping, as well as non-cash charitable (NCC) donations. More information on NCC. (2 pages).

Paying the IRS by Credit Card? Most states accept credit cards to pay your taxes. Here are instructions and telephone numbers for two companies that handle payments to the IRS. (One page).

Enroll in EFTPS to pay the IRS online or via phone EFTPS, or Electronic Federal Tax Payment System, is a free payment system that enables taxpayers to make their tax payments electronically 24/7 using the internet or the phone. Enroll in the program using these step-by-step instructions. (One page).

For current EFTPS Users For enrolled users of the Electronic Federal Tax Payment System, or EFTPS, a free payment system that enables taxpayers to make their tax payments electronically 24/7 online or over the phone. (One page).