Jan 9, 2017 | Tax Planning
2016 W2 form and 1099 MISC form is due to the IRS by January 31 by Employers. This is in contrast to previous years, in which companies had to report W2 forms to the IRS by the end of February. Employees are still required to receive their W2 forms by January 31....
Jan 9, 2017 | Tax Planning
Tax return due date for Partnerships and C Corporations has been changed for this year. The Surface Transportation Act of 2015, also known as the Highway Act, has some important changes for Partnership and C Corporation tax returns. Effectively, the tax return due...
Dec 15, 2016 | Tax Planning
Your LLC and the tax man Source: US News You started a business and decided to form an LLC. The legal protections LLCs offer over a sole proprietorship are worth the couple hundred bucks you spent, and now you’re up and running and are starting to gain...
Dec 9, 2016 | Tax Planning
As a follow up to our business suggestions, this post will focus on what individuals can do given the Trump tax plan. For starters, here is a summary of how the plan would change tax law for individuals and families. Proposed Trump tax plan for individuals and...
Dec 8, 2016 | Tax Planning
President-elect Donald Trump has promised sweeping tax changes. The Republicans control Congress and also want to implement tax changes. Therefore, there is a high probability that we will see tax law changes in the next couple of years. Business owners have the...
