Deadlines

Extended due date: Corporations & Partnership tax returns - Sep 15
 
Estimated tax deposit–voucher #3 - Due Sep 15
 
End of 3rd quarter - Sep 30
 
Extended due date: Individual income tax returns - Oct 15
 
View a full list of deadlines
 

Verse of the Day

Individual Income Tax PDF Print E-mail

  JESUS said in Matthew 22:21, “Render unto Caesar what is Caesar’s...”
                            and we add “...BUT NOT A PENNY MORE!”


New for 2009 Taxes:

  • Did you buy a house in 2009? You may be eligible for an $8,000 or $6,500 New Homebuyer Tax Credit! (call for details).
  • Education Credits: the American Opportunity Credit has increased to $2,500
  • The Make Work Pay Credit: Did you received a $250 stimulus payment (Social Security/VA benefit/Railroad Retirement recipients)
  • The Haiti Disaster: any CASH contribution you made by March 1, 2010 may be deducted on your 2009 tax return

 

IRS e-fileNo trips to the Post Office! 
No trips to the Bank!

See us for Electronic Filing – get your entire refund in 8-15 days deposited directly into your bank account. 
[NOTE: we are not permitted to deduct our fee from your refund]

Beware!

24-hour refunds are actually loans [Refund Anticipation Loans]; interest rates are as high as 80% (APR).

 

>> Download our “Things to Bring List” for individuals (PDF file)

>> See our list of important deadlines.

 

Standard Mileage Rates in cents per mile

  Jan-Jun 2008 Jul-Dec 2008 2009 2010
 Business 50½¢ 58½¢ 55¢ 50¢
 Medical or Moving 19¢ 19¢ 19¢ 16½¢
 Charity 14¢ 14¢ 14¢ 14¢

 

Maximum Wages Subject to Social Security Tax

2007 2008 2009 2010
$97,500.00 $102,000.00 $106,800.00 $106,800.00

 

Federal Minimum Wage

eff 7/24/07 eff 7/24/08 eff 7/24/09
$5.85 per hour $6.55 per hour $7.25 per hour

 

Maximum Earnings for Social Security Recipients
who have not reached Full Retirement Age

(earnings over this amount result in a decrease in benefits)
2007 2008 2009 2010
$12,960.00 $13,560.00 $14,160.00 $14,160.00

 


Let us IRS e-file your return with direct deposit to your bank
and get 100% of your refund in 8-15 days. 


 

The contents of all material available on this Internet site are provided as a free service, intended to provide useful information for the firm’s clients, business associates and other interested persons.  While John M Sabatino, CPA, P.C. makes every effort to present accurate and reliable information on this Internet site, John M Sabatino, CPA, P.C. does not guarantee the accuracy, completeness, efficacy, timeliness or correct sequencing of such information.  Use of such information is voluntary, and reliance on it should be undertaken only after assuring its accuracy, completeness, usefulness and timeliness.