IRS Warns of Phone Scam

The IRS is warning the public about a phone scam that targets people across the nation, including recent immigrants. Callers claiming to be from the IRS tell intended victims they owe taxes and must pay using a pre-paid debit card or wire transfer. The scammers threaten those who refuse to pay with arrest, deportation or loss of a business or …

Important Notice to Maryland Employees – Maryland EITC

Earned Income Tax Credit If you qualify for the federal earned income tax credit and claim it on your federal return, you may be entitled to a Maryland earned income tax credit on the state return equal to 50 percent of the federal tax credit. The Maryland earned income tax credit will either reduce or eliminate the amount of the …

Political Donations

It’s that time of year where politicians are soliciting big time for donations.  Just a reminder that these donations are NOT a deductible business expense.        

Upcoming Tax Due Dates

    Fall isn’t the only thing just around the corner – so are some important tax deadlines!   Estimated Tax for Individuals – THIRD Installment Payment September 17, 2012 C & S Corporation Extensions run out (Form 1120 & 1120S) – Returns are due September 17, 2012 Partnership Exentions run out (Form 1065) – Returns are due September 17, 2012 Estimated …

IRS Mileage Rate 2012

IRS Mileage Rate 2012 IRS Business Mileage Rate $0.5550 IRS Medical Mileage Rate $0.2300 IRS Charitable Mileage Rate $0.1400 IRS Moving Mileage Rate $0.2300   Crockett, Myers & Associates https://crockettmyers.com   7422 Baltimore-Annapolis Blvd., Glen Burnie, MD 21061Toll Free: (800) 577-0025 | Ph: (410) 760-5555 | Fax: (410) 760-2444   Interactive Map & Driving Directions