Mar 15, 2018 | Tax Due Dates, Tax News
The new Tax Reform Law has new limits on business related meals and no longer allows for deductions on entertainment expenses. The changes are indicated in the below table. Please contact your MCB Tax Advisor at 703-218-3600 to learn how these changes impact your...
Nov 15, 2017 | Tax Due Dates, Tax News
In a November 3rd statement, the IRS warned “Speculation on the Internet that the IRS will begin accepting tax returns on Jan. 22 or after the Martin Luther King Jr. Day holiday in January is inaccurate and misleading; no such date has been set.” “The IRS has not yet...
Mar 1, 2017 | Featured News and Events, Tax Due Dates
You can thank some recent legislation for changes that will make your 2016 filing a bit more, interesting. The tax due dates for some information returns and related statements, as well as for some business tax returns, are different than in the past. So assume...
Jan 15, 2017 | Tax Due Dates
March 15, 2017 – There is one new deadline of which taxpayers should be aware: Form 1065, U.S. Return of Partnership Income, is now due March 15 rather than April 15. What does that mean for businesses and tax professionals? The changes coming next year are, in...
Dec 1, 2016 | Tax Due Dates
January 15, 2017 – 4th quarter 2016 estimated tax due date for the payment period September 1, 2016 – December 31, 2016. Note that you do not have to make this payment if you file your 2016 tax return by February 1, 2017 and pay the entire balance due with...
Oct 12, 2016 | Closely Held Business, Featured News and Events, Government Contracting, Hospitality, Medical Practices, Not-for-Profit, Private Equity-SBICs and Venture Capital, Real Estate, Tax Due Dates, Tax News
A provision in the Consolidated Appropriations Act passed by Congress has changed the filing deadlines for Employer copies of Forms W-2/1099-MISC. Starting with tax year 2016, the deadline for filing Forms W-2 to the Social Security Administration and 1099-MISC to the...
