March 15: Corporations Tax Return Due Date

March 15: Corporations Tax Return Due Date

March 15, 2016 – Corporations tax return due date to file their 2015 calendar year income tax return. C-Corporations and S-Corporations can receive a 6-month extension if Form 7004 is filed electronically or postmarked by mail by the original tax return...
Employer Reporting of ACA Officially Kicks in This Tax Year

Employer Reporting of ACA Officially Kicks in This Tax Year

Even after five years since its historic enactment, the Affordable Care Act (ACA) continues to be a major concern for employers. With the phased implementation of the ACA requirements, employers will need to focus on the employer reporting responsibility of the ACA...
February 29: Paper Filing Deadline for Form 1099 and 1096

February 1: Issue Form W-2 and Form 1099

February 1, 2016: Deadline for employers to mail out Form W-2 to employees and businesses to issue Form 1099 to individuals. This is also the deadline for self-employed individuals to file and pay their tax and avoid a penalty for not making the 4th quarter estimated...
A Tax Year in Review: 2015 Tax Changes and Developments

A Tax Year in Review: 2015 Tax Changes and Developments

Tax Changes/Developments that Impact Individuals Mortgage Interest – A panel of the Court of Appeals for the Ninth Circuit found that when multiple unmarried taxpayers co-own a qualifying residence, the debt limit provisions apply per taxpayer and not per residence....
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