Small Business Services

When is the tax return filing due date for Estates and Trusts ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

The IRS Form 1041 is required to be filed on the 15th day of the 4th month following the close of the tax year. File Form 7004 to request a 6 month extension.
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Small Business Services

When is the tax return filing due date for a Decedent's Estate ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

The IRS Form 706 is required to be filed 9 months after the date of a decedent's death. A 6 month extension filed on Form 4768 may be filed after the initial due date.
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Small Business Services

When is the tax return filing due date for Gifts ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

The IRS Form 709 is required to be filed on April 15th following the year of the gift. Use Form 7004 to request a 6 month extension.
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Small Business Services

When is the tax return filing due date for Exempt Organizations ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

The IRS Form 990 is required to be filed on the 15th day of the 5th month following the close of the tax year. Use Form 7004 to request a 6 month extension.
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Small Business Services

What is the IRS phone number to get an EIN ( Employer Identification Number ) ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

You should initially apply online. Go to www.irs.gov/businesses and click on employer ID numbers. Your local IRS service center can also assist you in getting a Federal EIN. The phone number is 1-800-829-4933:
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Small Business Services

What form does my business file to pay the Federal Unemployment t Tax?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

Use Employer's Annual Federal Unemployment Tax Return Form 940. Use IRS E-file to file and EFTPS to pay. Go to IRS.gov to E-file and www.eftps.gov or call 1-800-555-4477 to call for EFTPS The Federal Unemployment Tax (FUTA)is reported and filed separately from the Employer's Quarterly Federal Tax Return Form 941.
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Business Start-ups

What federal form is the Federal Unemployment Tax reported on ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

The Federal Unemployment Tax (FUTA)is reported and filed separately from the Employer's Quarterly Federal Tax Return Form 941. Use the Employer's Annual Federal Unemployment Tax Return Form 940.
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Small Business Services

Should I file my tax return by the due date even If I can't pay what I think I will owe?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

Yes. There are different penalty and interest calculations incurred for not filing timely, not paying and not paying timely, or when a balance due exists. You will want to avoid the failure to file by the due date when a balance due exists penalty. Therefore, file the tax return by the due date and pay whatever you can at that point in time to minimize your total penalty and interest calculations.
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Small Business Services

As an employer , what are some questions that I should NOT ask during a job interview ?

Asked Wednesday, October 04, 2000 by an anonymous user

CPA Answer:

Federal and state laws prohibit prospective employers from asking certain questions that are not related to the job they are hiring for. Questions should be job-related and not used to find out personal information. In general, employers should not be asking about your race, gender, religion, marital status, age, disabilities, ethnic background, country of origin, sexual preferences or age. Some questions you should not ask during an interview are: Do you have any disabilities?, How old are you?, What is your religious affiliation?, What is your ethnic background?, Are you married?, Do you have children?, or What is your sexual orientation?.
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