Can I get a Rapid Refund?
We understand wanting to get your refund fast. By taking advantage of our FREE
E-filing and having your refund directly deposited into your bank account, you
could receive your refund in as little as a couple of days . . .

Without paying HIGH Rapid Refund loan fees or interest!
I don't have all my tax statements, but would like to know what
my refund would be. Can you tell me that?
Of course! We offer FREE estimates. If you have your last pay stub and other
amounts to be reported, we will gladly give you an estimate of your refund.
When will I get my W2?
Employers must mail W2 forms no later than January 31st. If you have not received
your W2 by February 10th, call your employer or you may call the IRS or visit their
site to find out the steps to be taken if your employer proves unresponsive.
What taxes are taken out of my paycheck?
Employers must withhold social security (also known as FICA), medicare, and
federal income tax from every employee paycheck. Social security and medicare are
fixed percentages: 6.2% and 1.45% respectively. The amount of federal income tax
withheld is determined by the information given on an employee's W-4.
(Only the first $106,800 of wages is taxable by social security.)
What payroll taxes must employers pay? And when?
Employers must pay 7.65% of every employee's earnings to the Federal
Government for social security and medicare. These taxes are reported on the 941,
which is filed every quarter. The amounts withheld from employee's checks are also
reported on this form. Payments for these taxes are made by deposits weekly,
bi-weekly, or monthly; or if less than $2,500, paid at the time of filing.

Employers must also pay Federal Unemployment, also known as FUTA.
This is reported on the 940, which is filed at the end of year.

Employers are also responsible for paying State Unemployment, SUTA rates among
employers varies. These amounts are reported every quarter on the UCT-6.
Employers are taxed for only the first $7000 of every employee's earnings in a year.
Why should I file as an S-corp instead of filing a Schedule C?
When you report your 1099-MISC earnings on your schedule C, you are
responsible for paying not only Federal Income Tax, but will also owe 15.3% of
your income in self-employment tax. Filing as an S-Corp can help significantly
reduce this tax burden as well as offer a number of additional tax benefits.

Talk to us today for more information.
And take advantage of our Incorporation Specials!
Frequently Asked Questions
Ph: 813-835-0158

Fx: 813-835-0848

Email Us!
I filed an extension in April, when is my tax return due?
For personal tax returns (such as Forms 1040 and its variations) the Form 4868
submitted in April automatically extends the due date of the tax return for six
months, or until October 15th.

It is important to remember that although Form 4868 extends the due date for the
return itself, any taxes you may owe are due April 15th. If you do not pay taxes by
the original due date, you may incur penalties and interest.
Question of the Moment:
I don't have all my tax
statements, but would like to
know what my refund would
be. Can you tell me that?
When will I get my W2?
What taxes are taken out of
my paycheck?
Can I get a Rapid Refund?
Why should I file as an S-corp
instead of filing a Schedule C?
What payroll taxes must
employers pay? And when?
Past Questions
When are extensions for businesses due?
And for how long are they extended?
Form 7004, which automatically extends business returns for six months, is due on
the day the business returns are do. For most corporations, this date is March 15th.

Most extended business returns are due September 15th.
When are extensions for
businesses due? And for how
long are they extended?