Tax Alerts

The IRS is encouraging people to check their withholding to ensure that they have the right amount of tax withheld from their paychecks following recent tax law changes. If you have children or dependents, and […]

1/15/18 Individuals, Farmers & Fishermen pay 4th quarter estimated tax payment Estates & Trusts 4th Estimated Tax Payment Employers Make Monthly Payroll tax deposit on the 15th of each month 1/31/18 File Form 2290 –

What are 529 Plans? Legally known as a “Qualified Tuition Plan” or “QTP”, a 529 Plan derives its name from Section 529 of the Internal Revenue Code. A 529 Plan is a tax-advantaged savings plan for

Tax Extension Reminders: If you filed an extension for your 2016 Tax Return, the deadlines are: Individual – October 16, 2017 Corporation – October 16, 2017 Partnership – September 15, 2017 S Corporation – September 15,

Here are some of the key tax-related federal deadlines affecting businesses and other employers during the third quarter of 2017: 7/31/17 Report income tax withholding and FICA taxes for Q2 2017 (Form 941), and pay any

03/15/2017 Partnership (previously 4/15) S Corporation 04/17/2017 Individual Corporation (previously 3/15) FBAR (previously 6/30) Trust 05/15/2017 Exempt Organization If you have any questions regarding these changes, please give us a call. We will be happy

03/15/2017 Form 1065.   This form is due on the 15th day of the 3rd month after the end of the partnership’s tax year. Provide each partner with a copy of their Schedule K-1 (Form 1065)

For the upcoming 2017 tax year, the standard mileage rates for business, medical and moving purposes has decreased again due to lower gas prices. Standard Mileage Rates Decrease for Cars, Vans, Pickups or Panel Trucks

For a variety of tax filings, there are several new dues dates in 2017. Of particular importance to the farmer is the new 1099 and W2 reporting requirements, and the associated penalties for not filing

10/1/2016 Deadline for self-employed persons or small employers to establish a SIMPLE-IRA for the year 2016. 10/17/2016 Final deadline to file individual tax returns for the year 2015. (Forms 1040, 1040A, 1040EZ.) Last day the