1099 Forms & Business Registration Due Soon
January 14th, 2020
We have two important reminders to prevent penalties: The first reminder applies to you if you have paid any independent contractor $600 or more during 2019. If that is the case you must issue a Form 1099 to that individual by January 31, 2020. There is no requirement to issue Form 1099 to corporations. If […]
Minimize ’19 Taxes and Tax-Time Surprises!
October 28th, 2019
With the 2018 tax filing deadlines behind us, it’s time to look ahead. Starting to look into your ’19 taxes now can help minimize tax-time surprises. One way of doing so is allowing us to help determine if your federal and state tax withholdings will be sufficient to avoid surprises or penalties for underpayment of […]
Final ’18 Tax Filing Deadline October 15th
September 25th, 2019
It’s late September and the clock is winding down on the ’18 tax filings. October 15th is the final extension deadline. For those of you on ’18 personal extensions, please contact us now to allow sufficient time for accurate filings. There are no further extensions permitted. Individual Tax Returns, Extension Filing Deadline is October 15th […]
Final ‘18 Tax Filing Deadlines Approaching!
August 9th, 2019
Did you file for an extension this year? If so, the final deadlines to file your 2018 taxes this 2019 is approaching. There are no further extensions permitted. Individual Tax Returns, Extension Filing Deadline is October 15th Individual (1040) tax returns were due April 15th. Remember it was an extension to file, not an extension […]
Tax Cuts and Jobs Act: Challenges and Opportunities
March 14th, 2019
Halfway through the 2018 tax filing season we are seeing the fallout of the Tax Cuts and Jobs Act which is now in effect and planned to sunset after 2025. We can now clearly see that the bill impacts employees and homeowners most severely. Corporations, business owners and those employees with a side business either […]