Sep 1, 2016 | Tax Due Dates
October 17, 2016: Individual Tax Return Extension Due Date Individuals: If you requested/obtained a 6-month tax extension, file your income tax return (Form 1040, 1040A, or 1040EZ) and pay any tax due by this date. Electing Large Partnerships: If a 6-month tax...
Aug 16, 2016 | Closely Held Business, Featured News and Events, Tax News
On August 2, 2016, the IRS proposed new regulations that would prevent taxpayers from lowering the estate and gift tax value of transferred assets through valuation discounts. If implemented, this proposed regulatory change would ultimately close an estate and gift...
Aug 1, 2016 | Tax Due Dates
September 15, 2016 – Corporate Tax Extension Due Date and Third Quarter Estimated Tax Payments Due Individuals: If you are not paying your 2016 income tax through withholding (or you will not pay enough tax during the year that way), pay the third installment of...
Jun 20, 2016 | Tax Due Dates
June 30, 2016 – Deadline to file Foreign Bank Account Report for the year 2015. This report is required if you have more than$10,000 (in aggregate) held in foreign bank accounts. Foreign Bank Account Reports (FinCEN Form 114) must be filed electronically....
Jun 9, 2016 | Closely Held Business, Featured News and Events, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Real Estate
Final DOL Overtime Rule Released On May 18th, 2016 the Department of Labor (DOL) released a final rule that radically increases the thresholds for overtime rules, expanding the number of employees eligible for overtime pay. Under the FLSA, employees who work more than...
