Tag: income tax

Department of Defense offers free tax filing resources for military members

Active military service can make tax filing challenging, especially if the service member is deployed or on an intensive training mission. MilTax is a Department of Defense program designed to lessen the burden on service members by offering free tax return...

“Snowbirds” may want to establish residency in their low-tax Florida winter destination

Florida's sunny winter climate is not its only attraction for retirees from chilly northern climates; Florida is also one of only nine states without an income tax. For "snowbirds" who summer in a high-tax state up north, there is a...

IRS waives penalty for underpayment of estimated income tax

  • January 14, 2019
  • David Shindel

The IRS recently announced that it will waive the Section 6654 penalty for the underpayment of estimated income tax for certain individuals who would otherwise be required to make estimated payments on or before January 15, 2019. The waiver is...

Where services revenue is sourced has changed for Michigan cities

The rules for where city sales for service-based businesses are sourced has changed, but the city of Detroit may appeal it. Honigman, the largest law firm in Detroit, wanted to source its services not based on where its attorneys were...