What's the deadline for submitting tax information for October 15, 2011, deadline? The last day you can submit your tax information for the October 15, 2011, deadline is Monday, October 10, 2011.  Returns not filed by the extended due date of October 15, 2011, may be subject to additional interest and penalties. If your return is being e-filed, we must also have your signed IRS authorization form prior to submission.  Returns will not be electronically submitted without a signed authorization.  Failure to timely sign and return the authorization will delay the electronic filing of your return and could result in the assessment of interest and penalties.  NO 2010 PERSONAL RETURNS CAN BE ELECTRONICALLY FILED AFTER OCTOBER 15, 2011.

Questions: What is the federal minimum wage? Is an appointment required to have my taxes prepared? Can you e-file my return? What if I can't pay my taxes? What if I don't file my taxes? How do I report IRS scams? Can the IRS impose a penalty for missing or invalid social security number? Do corporate minutes have to be filed with the State of Florida? What is the HIRE Act? Answers: What is the federal minimum wage? Florida's minimum wage is $7.31/hour, effective June 1, 2011. Federal minimum wage is currently $7.25/hour. States with no minimum wage requirements may use the federal guidelines. If an employer is covered by both federal and state laws, it must follow the law that is more favorable to employees. Therefore, employers in the state of Florida must pay a minimum of $7.31/hour. Top Is an appointment required to have my taxes prepared? No. Once you have complied your tax data, you may mail it in or drop it off. You may also scan your tax documents and either email or fax them to the office. Either way, please be sure to include a phone number where you can be reached in case there are questions concerning your tax preparation Top Can you e-file my return? We have the technology to e-file various types of tax returns, and are now required to e-file certain types of returns. We do not e-file returns prepared by other sources. Prior to e-filing your return, you are required to sign a form authorizing us to electronically transmit your return. Only current year returns are eligible for e-filing. Current year returns not timely filed are not elibilige for e-filing. Top What if I can't pay my taxes? The failure to pay penalty is .5% for each month (or part of a month) the payment is late. The maximum penalty for failure to file is 25%. If 90% of the tax was paid by the original due date of the return, a penalty will not be charged but interest will be charged on the remaining balance. A taxpayer can file Form 9465, requesting the IRS to enter into an installment agreement. An installment agreement does not stop the accrual of interest at the current rate on the unpaid tax. The late payment penalty will be .25% instead of .5% per month. NOTE: The IRS charges a fee of $105 for entering into an installment agreement. Top What if I don't file my taxes? A failure to file penalty is based on tax owed. Therefore, if no tax is due, no penalty will be imposed on a late filed return. If tax is due, the penalty is 5% per month (or partial month) up to a miximum of 25%. The minimum penalty for filing more than 60 days late is the smaller of $100 or 100% of tax due with the return. Top How do I report IRS scams? The IRS warns against cyber scams. One type of email message informs taxpayers their returns will be audited. Another offers information on tax law changes. In each case, the recepient is directed to click on a link provided by the sender which will allow access to the taxpayer's personal computer and personal information. If you receive such a notice, DON'T FALL FOR IT. Forward the solicitation to phishing@irs.gov then delete the message. If some calls saying they need your bank account information so they can deposit the upcoming tax rebate, DON'T BE FOOLED. The IRS does not contact taxpayers via unsolicited calls. Top Can the IRS impose a penalty for missing or invalid social security number? The IRS may impose a penalty for an employee's missing or incorrect social security number. A social security number is invalid if: - it is all ones or all threes, or - it is 123456789, or - the first three digits are 000, 666, 734-749, 773-999, or the middle two digits are 00, or the last four digits are 0000. Top Do corporate minutes have to be filed with the State of Florida? CORPORATIONS: Don't be fooled by scams. A company called Compliance Services is mailing notices to busineese that are titled "Annual Minutes Requirement Statement Directors and Shareholders." This document instructs you to submit the Annual Minutes Requirement Statement with your $125 payment to this company can prepare your corporate minutes for you. This is a scam! Corporations are required to keep munites of corporate meetings, but minutes do not have to be filed with any agency in the State of Florida. Furthermore, you do not have to pay someone to prepare your minutes. DO NOT CONFUSE THIS NOTICE WITH AN OFFICIAL NOTICE SENT BY THE STATE DIVISION OF CORPORATIONS RELATED TO YOUR 2011 ANNUAL REPORT. Top What is the HIRE Act? As you may be aware, Pesident Obama signed into law the Hiring Incentives to Restore Employment (HRE) Act. To encourage the hirng of workers by the private sector, the HIRE Act provides that an employer that hires a qualified worker does not have to pay the employer's 6.2% share of the Social Security payroll tax on that employee for the remainder of 2010. In addition, if the employer keeps the employee on the payroll for 52 weeks, the employer is eligible for an additional nonrefundable tax credit of up to $1,000, to be taken on the employeer's 2011 income tax return. Guidelines include: - The employee must have been hired after February 3, 2010 and before January 1, 2011. - The employee must have worked fewer than 40 hours during the 60 days prior to beginning work, and must sign a statement to that effect. - The employee must be an additional hire or, if the employee is a replacement, it must be replacing a voluntary termination or an employee that was terminated for cause. - The employee must not be related to the qualified employer or anyone owning 50% or more of the stock or other capital of the employer. Top