What Is Self-Employment Tax?
Self-employed individuals are subject to different challenges when it comes to taxes. Staying diligent and keeping accurate records can go a long way in easing the frustration.
7 September 2015 Tax Updates
While tax updates occur year-round, some months seem to have more updates than others. While we tweet these as they come in, to make sure our followers have the most up-to-date information, we understand that not everyone is on Twitter. That’s why we’ve highlighted these 7 tax updates from September below:
While tax updates occur year-round, some months seem to have more updates than others. While we tweet these as they come in, to make sure our followers have the most up-to-date information, we understand that not everyone is on Twitter. That’s why we’ve highlighted these 7 tax updates from September below:
- Wisconsin: 2016 Unemployment taxable wage base will remain at $14,000. We confirmed this with the Wisconsin Department of Workforce Development.
- Texas: 2016 Unemployment taxable wage base will remain at $9,000. We confirmed this with the Texas Workforce Commission.
- Arkansas: 2016 Unemployment taxable wage base will remain at $12,000. We confirmed this with the Arkansas Department of Workforce Development.
- Oklahoma: State unemployment taxable wage base will increase to $17,500 effective January 1, 2016. We confirmed this with the Oklahoma Employment Security Commission.
- Alabama: The AL Form A4-E – Withholding Tax Exemption Certificate is no longer valid.
For more information, please visit the Alabama Department of Revenue - Montana: The Unemployment taxable wage base will increase in 2016 to $30,500.
- Vermont: The Unemployment taxable wage base will increase in 2016 to $16,800.
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These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.
