Not exact matches
You can double up
on your deductions for the qualifying mortgage interest payments you have made in the
tax year by including them
on both state and
federal filings.
You can double your deductions for the qualifying mortgage interest payments you have made in the
tax year by including it
on both state and
federal filings.
New York's 2,287 school districts, counties, towns, cities and villages each would be able to establish their own new charitable organizations to process donations from residents who in the 2018
tax year will be losing the ability to fully deduct their state income and local property
taxes on their
federal filings.
Our
tax law paralegals prepare memos for clients
on federal and state
tax laws, they perform due diligence, draft and review legal documents, and assist with regulatory
filings.
Question: For my current
federal income
tax filings, are the gains or returns
on my cash value taxable?
Prepared valuation analyses and cash flow models
on prospective acquisitions using ARGUS; and recorded acquisition / sale of 1031 properties
on multiple entities Prepared quarterly financial reports for
tax auditors using QuickBooks, including all supporting schedules for 10 - K and 10 - Q
filings Created / Maintained lease briefs for newly acquired assets and performed due diligence for prospective acquisitions Managed and reconciled cash for company and 1031 exchange properties; and acted as primary contact for all treasury management issues Filed annual business property statement and recorded estimated income
tax payments — state and
federal Created accounting procedures manual and supervised / trained assistants to perform accounts payable tasks Consulted with property accountants to resolve discrepancies in monthly financial reports Provided executives, shareholders, lenders and investors with monthly, quarterly and annual financial reports Ensured compliance with loan covenants and tenant in common (TIC) agreements
• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month
on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll
tax payments and reported after every pay run making sure that all
filings were accurately represented by the
tax service provider • Reconciled
tax payments for
federal, state and local payroll as well as returns for multiple authorities
on monthly basis.
Their concern is the new limit
on the amount of state and local
taxes citizens can deduct
on their
federal filings will be capped at $ 10,000, an amount lower than the current average deduction in Connecticut, New Jersey, and New York, according to Moody's Investors Service.
Federal, state, and local
taxing agencies will count
on you to submit the proper payroll
taxes and
filings on time; failure to do so can result in stiff penalties and worse.