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

Highlight these Tax Dates in Your 2016 Calendar

Highlight These Tax Dates in Your 2016 Calendar

Grab your fluorescent highlighters and pick a color that you like. It’s time to mark important tax dates on your 2016 calendar! January 15 – Due date for the fourth and final installment of 2015 estimated tax for individuals (unless you file your 2015 return and pay any balance due by February 1). February 1…

Read More