Supreme Court Strikes Down Defense of Marriage Act in Estate Tax Case

On June 26, the Supreme Court ruled in a 5-4 decision written by Justice Anthony Kennedy that the Defense of Marriage Act (DOMA), P.L. 104-199, is unconstitutional because it violates the Fifth Amendment’s Due Process Clause by denying equal protection to same-sex couples who are lawfully married in their states (Windsor, No. 12-307 (U.S. 2013)). | Read More

Court Backs MTA on Tax

An appellate court ruled yesterday that the MTA payroll tax is constitutional, reversing a lower court judge who ruled against Nassau County in a lawsuit seeking abolition of the tax. | Read More.

July 2013 Due Date Reminders

If you have a pension or profit-sharing plan, you may need to file a Form 5500 or 5500-EZ for calendar year 2012. Even though the forms do not need to be filed until July 31, you should contact this office now to see if you have a filing requirement, and if you do, allow time to prepare the return.

July 15 - Non-Payroll Withholding
If the monthly deposit rule applies, deposit the tax for payments in June.

July 31 - Self-Employed Individuals with Pension Plans
If you have a pension or profit-sharing plan, this is the final due date for filing Form 5500 or 5500-EZ for calendar year 2012.

July 31 - Social Security, Medicare and Withheld Income Tax
File Form 941 for the second quarter of 2013. Deposit or pay any undeposited tax under the accuracy of deposit rules. If your tax liability is less than $2,500, you can pay it in full with a timely filed return. If you deposited the tax for the quarter in full and on time, you have until August 12 to file the return. | Read More.

Scott Sanders, Managing Partner (President of NYSSCPA – Nassau Chapter) spoke to COAP (Career Opportunities in the Accounting Profession) High Schools students at the Adelphi University Campus on June 26 about the five-day program they participated in.

Click on one of the following for additional updated information:
• 2013 Tax Law Summary
• Client Line June 2013 Newsletter
• Tax Report July 2013 Newsletter

To learn more about Sanders Thaler Viola Katz, LLP, visit www.st-cpas.com.