Archive for the ‘2010 Tax Year’ Category

IRS deadline extended to 4/18/11

Friday, April 1st, 2011

Please note that the IRS has approved Monday, April 18, 2011 as the deadline for filing of 2010 returns. Most states, if not all, have conformed to this extended filing date. Please do not hesitate to contact the staff of Trager, Kevy & Trager, LLP if you have any questions.

NYS Sales Tax Returns are due 12/20/2010

Tuesday, December 7th, 2010

Reminder to all the vendors required to collect sales tax in the state of New York, returns are due on 12/20/2010. This return covers the sales made from 9/1/2010 – 11/30/2010. NYS allows returns to be filed online or mailed in. To submit your return online please visit the NYS Online Tax Center (http://nystax.com/online). Alternatively, […]

IRS eliminates tax deposit coupons

Monday, November 1st, 2010

During the last few years, the IRS has been encouraging taxpayers to make payments electronically using the Electronic Federal Tax Payment System (EFTPS). Although most taxpayers have taken advantage of this switch to a quicker, easier way to schedule their payments online or over the phone, some have not and the IRS has decided that […]

Final Reminder for filing Individual tax returns

Saturday, October 9th, 2010

October 15 is it! If you’re efiling please make sure you have already forwarded your authorizations to our office. If you are NOT efiling then make sure to have your returns postmarked by October 15. There are no more extensions available after this date so please avoid any penalties and make sure your filings are […]

NYS Sales Tax – REMINDER!

Wednesday, September 15th, 2010

Just a reminder for our quarterly sales tax filers that NYS Sales Tax will be due on 9/20. Forms for paper filing can be found on the NYS Tax website at – NYS Sales Tax forms Also NYS encourages businesses to file online. Please visit the NYS Online Tax Center or contact our office for […]

NYS Sales Tax – 6/1/2010 – 8/31/10

Thursday, September 2nd, 2010

Just a reminder for our quarterly sales tax filers that NYS Sales Tax will be due on 9/20. Forms for paper filing can be found on the NYS Tax website at – NYS Sales Tax forms Also NYS encourages businesses to file online. Please visit the NYS Online Tax Center or contact our office for […]

Two New Tax Benefits Aid Employers Who Hire and Retain Unemployed Workers

Wednesday, May 12th, 2010

The Internal Revenue Service has recently made available two new tax benefits to aid employers who hire and retain unemployed workers. These provisions are part of the Hiring Incentives to Restore Employment (HIRE) Act enacted into law today. Employers who hire unemployed workers after February 3, 2010 and before January 1, 2011 may qualify for […]

2010 Head of Household Filing Status

Friday, January 1st, 2010

[Tax Rate Schedule Z, Internal Revenue Code section 1(b)] 10% on the income between $0 and $11,950 15% on the income between $11,950 and $45,550; plus $1,195 25% on the income between $45,550 and $117,650; plus $6,235 28% on the income between $117,650 and $190,550; plus $24,260 33% on the income between $190,550 and $373,650; […]

2010 Married Filing Separately Filing Status

Friday, January 1st, 2010

[Tax Rate Schedule Y-2, Internal Revenue Code section 1(d)] 10% on the income between $0 and $8,375 15% on the income between $8,375 and $34,000; plus $837.50 25% on the income between $34,000 and $68,650; plus $4,681.25 28% on the income between $68,650 and $104,625; plus $13,343.75 33% on the income between $104,625 and $186,825; […]

2010 Married Filing Jointly or Qualifying Widow(er) Filing Status

Friday, January 1st, 2010

[Tax Rate Schedule Y-1, Internal Revenue Code section 1(a)] 10% on the income between $0 and $16,750 15% on the income between $16,750 and $68,000; plus $1,675 25% on the income between $68,000 and $137,300; plus $9,362.50 28% on the income between $137,300 and $209,250; plus $26,687.50 33% on the income between $209,250 and $373,650; […]