Knowledge Resources | Tax Update

2022 Mobility Tax Advisor – Tax Update 11/1/2021
11/1/2021: In reference to page 12: Both the states of Arizona and Colorado highest personal income tax rates are now 4.50%.

New 2022 FICA & Medicare limits
Take note of the new FICA and Medicare limits for 2022.

IRS Updates Tax Filing Date for Tax Year 2020
As many Americans expected, and hoped, the IRS moved the federal individual tax filing and payment deadlines from April 15, 2021 to May 17, 2021. Read more about how this can impact your assignees and transferees.

American Rescue Plan Passed
Congress has passed the largest stimulus and economic relief package to date due to the Coronavirus pandemic. President Biden has signed the bill, read more to find out what this means for your transferees and assignees, especially those with families.
Stimulus Tax Issues Affecting Corporate Transferees and Assignees
Congress recently reached an agreement and passed the $900 billion relief bill in which the second stimulus package relief checks have been halved from the original stimulus package.
2021 Federal Tax Information and Gross-Up Percentages
This handy guide provides frequently sought after tax information, rates, and gross-up percentages for 2021, along with a comparison to 2020 data.

2021 IRS Tax Updates
The IRS Releases 2021 Standard Deductions, Inflation-Adjusted Tax Tables, AMT and Other Pertinent information
CARES Act Effect on Mobility Taxpayer Stimulus Payments
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) has many implications on mobility taxpayers eligibility to receive stimulus payments.

Tax Update: Tax-Filing Date Extended
Tax filing deadlines and payment requirements vary from state to state and are evolving hourly
2020 Federal Tax Information and Gross-Up Percentages
This handy guide provides frequently sought after tax information, rates, and gross-up percentages for 2020, along with a comparison to 2019 data.