Major Tax Deadlines for May 2017   May 16 – Deadline for calendar-year exempt organizations to file 2016 information returns May 31 – Deadline for IRA, SEP, SIMPLE, Roth IRA, MSA, and education savings account…

When are March Major Tax Deadlines for March 2017   March 1 – Farmers and fishermen who did not make 2016 estimated payments must file 2016 tax returns and pay taxes in full. March 2…

Have you been thinking about launching your own business but are unsure how it will affect your taxes? Roughly 800,000 new businesses open each year, according to Bureau of Labor Statistics data. When these young…

The rules for making charitable donations from your business are similar to those governing personal donations. For example, you can donate cash or property, your total deduction may be limited, you may need to get…

One of the great mysteries of the accounting world is the disappearance of the company profits into thin air. Too many times to count I’ve heard the statement “I shouldn’t have to pay tax, I…

Important Changes to 2016 Tax Return Due Dates for Partnerships and C Corporations The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015 revised the due dates for entity returns, effective for tax…