Posts from December, 2016

  • Upcoming Tax Deadlines: December - April 2016 December Th 15 Corporations: Deposit the fourth installment of your 2016 estimated tax. January Tu 17 Pay the final installment of your 2016 estimated tax – use Form 1040-ES. Tu 17 Farmers and fishermen: Pay your estimated tax for 2016. Use Form 1040-ES. Tu 31 Individuals: ... Continue Reading
  • IRA Year-End Reminders Whether you are still working or retired, you should periodically review your IRAs. Here are few things to remember. Contribution limits If you’re still working, review the 2016 IRA contribution and deduction limits to make sure you are taking full advantage of the ... Continue Reading
  • Tips for Safe Holiday Online Shopping The holiday online shopping season is a prime time for cybercriminals and identity thieves to trick shoppers into giving up financial, identity or password information. The IRS has launched a public awareness campaign called “ Taxes. Security. Together. ” and also launched a ... Continue Reading
  • Tax Tips for Deducting Gifts to Charity The holiday season often prompts people to give money or property to charity. If you plan to give and want to claim a tax deduction, there are a few tips you should know before you give. For instance, you must itemize your deductions. Here are six more tips that you should ... Continue Reading
  • Some Refunds Delayed in 2017 A new law requires the IRS to hold refunds until mid-February in 2017 for people claiming the Earned Income Tax Credit or the Additional Child Tax Credit. In addition, new identity theft and refund fraud safeguards put in place by the IRS and the states may mean some tax ... Continue Reading