Close Is Not Good Enough With New Reporting Rules

By Dana McGuffin | August 9, 2016 | Comments Off on Close Is Not Good Enough With New Reporting Rules
Reporting Rules

The old adage “close only counts in horseshoes” is an accurate reflection of the new IRS information reporting rules. Beginning with 2016 returns, due dates for Forms W-2 and certain Forms 1099 have been moved up, and the penalties for late or inaccurate forms have substantially increased. Here are the new filing deadlines and reporting…

Read More