Important Tax Filing Deadlines You Don’t Want to Miss
Before you send in your tax return there are a lot of things you have to remember, which is why having a tax checklist is good idea. Of course, the right accountant will help you with that as well. However, before you ever get to that final point in the tax-filing process, you need to be aware of several changes to the tax laws, and of course deadlines. After all, missing a deadline can end up being very costly.
So as the 2017 tax season kicks off, here are a few important deadlines to make a note of, because missing these might hurt you.
- 1040 Filing Deadline – first off, the deadline this year for filing your taxes is actually on April 18 and not April 15. That’s because the 15 & 16 fall on the weekend and April 17 is a holiday. The extension deadline falls on October 16, but you have to file for that extension by April 18.
- Refund Delays – for those claiming the additional child tax credit or the earned income credit, they will have to wait a little longer to get their refunds, due to a new law to help fight tax fraud. The IRS will begin sending those refunds on February 15 and they will likely start arriving around Feb. 27.
- Small Business Filing Dates – there are several deadlines that will affect many small businesses, including the date to turn in Form 1065 partnership return, which has been pushed up by a month. It’s now due two and half months after the tax year closes instead of three and half months. That means this year the deadline is March 15 instead of April 15. Conversely, the deadline for Form 1120 C corporation returns has been moved back a month from March 15 to April 15. The due date for 1120S returns of S corporations will remain the same.
- Compensation Forms – employers and business used to have till the last day of February or March 31 to turn in W-2 and 1099 forms to the IRS, but that deadline is now January 31.
http://www.marketwatch.com/story/important-news-on-tax-filing-deadlines-and-refunds-2017-01-10
Four Reasons People Fail
Four Reasons People Fail By JD Vaughn www.jdvaughn.com Let’s set the tone and context for this discussion. First of all, people do not go into work saying to themselves…”Let’s see, how can I disappoint my boss today.” People really WANT to deliver on our expectations of them. And when they fail, a leader is most…
3 Steps to Becoming a More Grateful Leader – Cultivate the Attitude of Gratitude
3 Steps to Becoming a More Grateful Leader – Cultivate the Attitude of Gratitude By Mike Rogers Teamwork and Leadership Bloggings Updated: 2/26/13 Having an attitude of gratitude is a leadership gift. It can have a positive impact on those you lead. People are often more motivated, for example, by those who show gratitude. In…
There’s no ‘I’ in ‘TEAM’
There’s no ‘I’ in ‘TEAM’ End internal competition today for greater success tomorrow By Mark Eaton Updated: 12/12/12 In the NBA, when anyone on the basketball team is playing for himself rather than the team as a whole, failure is eminent. In business, when anyone in the company has an ”I” mentality, it’s only a…
3 Things to Remember for Better Team Building Activities
3 Things to Remember for Better Team Building Activities By Mike Rogers Teamwork and Leadership Bloggings Posted: 3/1/11 Why do team building activities fail? Answer: Most lack planning. A leader, for example, decides that his or her team needs to be more cohesive. It is agreed upon that the team will do some team building.…