News from Chamber Members

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  • 13 Jun 2019 11:52 AM | Anonymous

    The IRS continues to urge taxpayers to do a Paycheck Checkup as soon as possible to see if they’re having their employer withhold the right amount of tax. The IRS Withholding Calculator can help taxpayers check their current withholding, determine if they need to adjust it and avoid tax filing surprises next year.

    During the week of June 10, the IRS is focusing on helping taxpayers understand what actions they should take now – especially if their taxes turned out differently than they expected this year, and even if they adjusted their withholding last year. If their withholding won’t be enough, they can adjust it or make estimated tax payments to the IRS. The next payment deadline is coming soon: June 17.

    Please help us get the word out -- the earlier people check and adjust their withholding, the more time there is for changes to take place evenly during the rest of the year.

    Information to share with your members, clients or employees through your website, emails, social media accounts, newsletters or other channels: 

    • News releases, tax tips and drop-in articles: These products are attached to this message. They’ll also be posted in the Paycheck Checkup section of the Tax Reform Resources page as they’re issued.
    • June 10
      • IRS continues campaign to encourage taxpayers to do a Paycheck Checkup; use Withholding Calculator to help get right amount for 2019 (news release)
      • Remember: All taxpayers should check their withholding ASAP (tax tip, drop-in)
    • June 11
      • IRS reminder: Get tax withholding right; do a Paycheck Checkup at least once every year (news release)
      • Here’s what taxpayers should know about doing a Paycheck Checkup (tax tip, drop-in)
    • June 12
      • IRS Withholding Calculator can help workers have right amount of tax withheld following tax law changes (news release)
      • There are two ways taxpayers can check their withholding on IRS.gov (tax tip, drop-in)
    • June 13
      • IRS reminds taxpayers to adjust tax withholding to pay the right tax amount (news release)
      • Taxpayers have options for paying the tax they owe throughout the year (tax tip, drop-in)
    • June 14
      • IRS reminder: Taxpayers can help determine the right amount of tax to withhold from their paychecks by doing a Paycheck Checkup now (news release) 
    • Fact sheets: Learn the basics of withholding and estimated tax payments. The fact sheets attached to this message in English and Spanish are available on the Tax Reform Resources page where they are also available in Korean, Vietnamese, Chinese and Russian.
    • FS-2019-4 - Tax withholding: How to get it right
    • FS-2019-6 - Basics of estimated taxes for individuals
    • Social media: Social media images and posts/tweets in English and Spanish are attached for use on your own social media accounts. You can also share #PaycheckCheckup info from the IRS Instagram account – IRSNews – and the IRS Facebook, LinkedIn and Twitter accounts:

    ·          @IRSnews - IRS news and tips for the public

    ·          @IRSsmallbiz – Information for small businesses - NEW!

    ·          @IRStaxpros - IRS information for tax professionals

    ·          @IRSenEspanol - IRS news and tips in Spanish

    • Paycheck Checkup: English | ASL
    • How to Use Withholding Calculator for Paycheck Checkup: English
    • IRS Withholding Calculator Tips: English | ASL
    • Do I Need to Fill Out a New W-4?: English | ASL

    ·          Other resources and general information:

    ·          Paycheck Checkup page on IRS.gov

    ·          Tax Reform Resources page

    • FAQs and additional drop-in articles

    ·          One-page flier: Paycheck Checkup (Pub. 5303), also attached here in English and Spanish

    ·          Subscribe now to get the IRS’s tax tips or news releases.


  • 06 May 2019 10:23 AM | Anonymous


  • 25 Apr 2019 11:33 AM | Anonymous

    Developing Amazing Employees.  Join the session at the West Jordan Library April 27th, 10:00 AM

    Engage with your employees through effective performance management. This is a management series offered by Blue Ivy Professional Services. 


  • 14 Feb 2019 12:36 PM | Deleted user


  • 08 Jan 2019 11:08 AM | Deleted user

  • 08 Jan 2019 9:00 AM | SHELLEY POTTS (Administrator)

    Hi Shelley!

    Happy 2019! The start of a new year is a time for resolutions and renewed focus. For business owners in your network who are feeling motivated, I want to let you know that we are seeking guest blog submissions for the Melissa Forziat Events and Marketing website. 

    We look for advice, business expertise, and stories of how entrepreneurs have achieved success (or overcome failure). Selected blogs are published and sent out in my weekly email as well as posted on social media, reaching an audience of over 10,000.

    If you know any business owners in your network who would want to be considered, I would love for you to share this link with the instructions for how to be a guest blogger.

    Also, if you have any questions about the program, please reach out to Michelle at michelle@melissaforziatevents.com, and she will be happy to answer them!

    Thank you for sharing this opportunity, and I hope we will have a chance to feature some of the dedicated entrepreneurs of your community this year.

    Regards,
    Melissa

    Profile Image Melissa Forziat
    Melissa Forziat Events and Marketing
    melissa@melissaforziatevents.com
    (206) 351-9910 - Mobile
    www.melissaforziatevents.com


  • 12 Dec 2018 12:50 PM | Deleted user

    Tax reform changes qualified moving expense reimbursements

     

    Under the Tax Cuts and Jobs Act, employers must include moving expense reimbursements in employees’ taxable wages.

     

    Generally, members of the U.S. Armed Forces can exclude qualified moving reimbursements if:

    • They’re on active duty
    • They move per a military order and incident to a permanent change of station
    • The moving expenses would qualify as a deduction if they didn’t get reimbursement

    Employers may exclude any 2018 reimbursements or payments on behalf of employees for a move that took place before January 1, 2018, and would have been deductible had they been paid before that date.

     

    Tax reform affects employee achievement awards


    The Tax Cuts and Jobs Act prohibits certain property as an employee achievement award.

     

    The law allows employers to deduct the cost of certain awards and exclude them from employees’ income. But this doesn’t apply if the award is cash, gift cards and other nontangible personal property including:

     

    • Vacations
    • Meals
    • Lodging
    • Tickets to theater or sporting events
    • Stocks, bonds, and securities
    • Other similar items
    •  

    For more information visit IRS.gov.

     

    Tax law creates new opportunity zone program

    Recent changes in the tax law created qualified opportunity zones to encourage tax-favored investment in distressed communities throughout the country and U.S. territories. Under the new law, investors may be able to defer tax on almost all capital gains they invest after Dec. 31, 2017, through Dec. 31, 2026.

    To qualify for deferral:

    ·         capital gains must be invested in a qualified opportunity fund (QOF) within 180 days

    ·         the fund must hold at least 90 percent of its assets in qualified opportunity zone property

    ·         investment in the QOF must be an equity interest, not a debt interest

    For a complete list of opportunity zones, see Notice 2018-48. More information is on the Tax Reform page of IRS.gov.

     


  • 04 Dec 2018 9:32 AM | Deleted user


  • 24 Jul 2018 1:12 PM | SHELLEY POTTS (Administrator)


  • 28 Dec 2017 2:26 PM | Matthias Allred (Administrator)

    CHRISTMAS FOR KIDS

    Our fourth year partnering with Gordmans and Jordan Education Foundation for CHRISTMAS FOR KIDS was an extraordinary success! We were able to help so many deserving kids enjoy a Christmas they wouldn’t otherwise experience. From the kids who were so excited, they arrived an hour early, to the chaperones who donated money at the event because they knew the students they were with needed socks and shoes to the young man who was the sole financial support for his brothers and sisters . . . the list goes on and on of deserving children, we were able to help this holiday season.

    Our thanks go out to the hundreds of chaperones, donors and behind-the-scenes people who helped to make this event possible. We were able to raise over $25,000 and help over 250 kids this year. What a wonderful way to remember what this season is all about!


11565 So District Main Drive, Ste 600, South Jordan, UT 84095

Mailing Address - 1878 W 12600 S #224, Riverton, UT 84065

Emailmychamber@southjordanchamber.org

Office: (801) 253-5200     Fax: (801) 253-5201



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