![Tax Compliance](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2021/01/Tax-Compliance-495x400.jpg)
December 2021 Tax Compliance Calendar
TaxesTax timeline for the 2021 tax season
![Recordkeeping Basics](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2015/12/Recordkeeping-Basics-495x400.jpg)
Recordkeeping Basics: Individual Taxpayers
Accounting, ResourcesAfter your tax returns have been filed, several questions arise: What do you do with the stack of paperwork? What should you keep? What should you throw away? Will you ever need any of these documents again?
![S Corporations](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2015/12/S-Corporation-495x400.jpg)
Can S Corporations Own An Interest In Another Business Entity?
ResourcesAn S corporation can own an interest in another business entity. It can also be a partner in a partnership or a member of a limited liability company (LLC).
![Compute Payroll](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2015/12/Compute-Payroll-495x400.jpg)
How Do I Compute payroll taxes as an employer
ResourcesA business that has employees must withhold income taxes on payments to each employee. Each employee must first fill out Form W-4, Employee’s Withholding Allowance Certificate, and provide it to the employer.
![Private Tax Collection](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2015/12/Private-Tax-Collection-495x400.jpg)
Private Tax Collection Poised for Possible Return
TaxesTucked into the pending highway and transportation spending bill is a provision authorizing the IRS to outsource some tax collection activities.
![](http://www.teraokacpa-temp.tm-g.org/wp-content/uploads/2015/12/Budget-Act-495x400.jpg)
Budget Act and How It Affects Tax Compliance
Resources, TaxesThe new Bipartisan Budget Act of 2015, signed into law by President Obama in November, makes some far-reaching changes to partnership audits...