Category Archives: Tax filing due dates

Mid Year Tax Planning

We are getting very close to the end of the third quarter in 2016 and if your tax bill for 2016 is likely to be much higher (or lower) than it was in 2015, now is the best time to … Continue reading

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Tax filing due dates | Comments Off on Mid Year Tax Planning

USA Today: The importance of sending 1099s

If you don’t file 1099s for your contractors, you lose protections from the federal government. (Photo: USA TODAY illustration) STORY HIGHLIGHTS IRS is vigilant on misuse of contractor status Businesses incur no tax obligations for independent contractors But you have … Continue reading

Posted in IRS, Small Business, Tax filing due dates | Comments Off on USA Today: The importance of sending 1099s

Start of Tax Filing Season Delayed (AICPA Article)

The IRS announced on Tuesday that it plans to open the 2013 filing season and begin processing many individual income tax returns on Jan. 30 (IR-2013-2). However, not all taxpayers will be able to start filing tax returns on that … Continue reading

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, IRS, Tax filing due dates | Comments Off on Start of Tax Filing Season Delayed (AICPA Article)

Year End Checklist for businesses

Closing Your Books As you are cleaning up your accounting records for year-end, here are some steps you can take now to make tax-time easier: Verify that you have W-9 forms for each of your independent contractors or at least … Continue reading

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 C Corporation Income Taxes, 1120 S Corporation Taxes, Accounting, IRS, Michigan Taxes, QuickBooks, Small Business, Tax filing due dates | Comments Off on Year End Checklist for businesses

Year End Tax Projections

Although September is not even over, it is a good time to start thinking about year end tax planning. I know it does not sound like fun, but a little advance planning will almost always help you reduce the taxes you … Continue reading

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 S Corporation Taxes, Michigan Taxes, Personal Finance, Small Business, Tax filing due dates | Comments Off on Year End Tax Projections

Tax due date reminder: Individual estimated taxes due 6/15/12.

For other tax filing due dates this month, see this calendar.

Posted in 1040 Personal Income Taxes, Tax filing due dates | Comments Off on Tax due date reminder: Individual estimated taxes due 6/15/12.

Tax due date reminder: Federal form 941 and FUTA deposit (if greater than $500) are both due 4/30/12

IRS tax filing due date calendar.

Posted in Tax filing due dates | Comments Off on Tax due date reminder: Federal form 941 and FUTA deposit (if greater than $500) are both due 4/30/12

Reminder: Happy Emancipation Day… this year’s tax filing due date is 4/17/12.

Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns and pay any tax due because April 15 falls on a Sunday, and Emancipation Day, a holiday observed in the District of Columbia, falls this year on … Continue reading

Posted in 1040 Personal Income Taxes, IRS, Tax filing due dates | Comments Off on Reminder: Happy Emancipation Day… this year’s tax filing due date is 4/17/12.

Tax penalties. When they may apply to you.

I’m frequently asked “what causes tax penalties?” or “why do I owe a tax penalty?”. Here’s an article I found in Forbes that does a great job of explaining tax penalties.

Posted in 1040 Personal Income Taxes, 1065 Partnership Income Taxes, 1120 S Corporation Taxes, IRS, Tax filing due dates | Comments Off on Tax penalties. When they may apply to you.

2012 Tax Filing Deadline Moved to 4/17/12

2012 Tax Filing Deadline Moved to 4/17/12 from CNN Money

Posted in 1040 Personal Income Taxes, Tax filing due dates | Comments Off on 2012 Tax Filing Deadline Moved to 4/17/12