News & Tech Tips

RITA Tax Rate Increases

The Regional Income Tax Agency (RITA) has announced municipal income tax rate increases as a result of recent elections. The majority of these rate increases, listed below, will take effect July 1, 2017.

IRS changes W-2 & 1099 filing deadlines

New for the 2017 filing season, the employer deadline for Forms W-2 and 1099-MISC to be submitted to the IRS has changed. The new filing deadline is now the same as the due date for employers to issue these forms to recipients, January 31.

2016 Year-End Tax Planning Tips

With a new administration taking shape in our nation’s capital after the elections, you can expect that significant tax reforms will be debated, and perhaps enacted, in the near future.