Tax Season Starts Next Week – Are You Ready?

shutterstock_516471271

 

It’s almost here. That glorious time of year known and loved by millions as “tax season.” Of course, the reality is that most taxpayers don’t look forward to this time of year – unless they’re expecting a large return – but even those that fall into this category still don’t look forward to the tax filing process. In any case, love it or hate it, tax season is here. In fact, according to the IRS, the official tax filing season kicks off next week, on January 23 and runs through April 18.

There are some other filing notes to be aware of, as well. Anyone who e-files can submit their return before January 23rd; however, whichever software or online program you use will not actually submit them to the IRS until the 23rd. Additionally, anyone claiming the earned income credit or the additional child tax credit will not begin seeing their refund till Feb 23rd, due to a new law to protect against fraud.

So what can you do to start getting ready? First, there are several key forms that you should be looking for, including W-2s, 1099-Misc and 1099-Ks. These should all arrive by January 31. If you haven’t already begun gathering all your important tax and financial documents then now is the time to get started. If your taxes are complicated, or you’re a high net worth taxpayer then you should contact an experienced and qualified tax professional for help.

http://www.cnbc.com/2017/01/06/tax-season-opens-jan-23-heres-how-to-get-started.html

http://www.12news.com/money/irs-heres-when-you-can-begin-filing-your-2016-taxes/384371099

Posted in ,
Breaking the 4 Minute Mile

Breaking the 4 Minute Mile

Breaking the 4 Minute Mile By Bree Bowman Eagle Scout Speech 6/30/09 For more than 100 years, runners tried to break the 4 minute mile. It was considered the “Holy Grail” of track and field. Many said it couldn’t be done. In fact, doctors wrote articles in medical journals explaining why it was physically impossible…

Vampire Meetings and How to Slay Them

Vampire Meetings and How to Slay Them

Vampire Meetings and How to Slay Them By Peg Kelley Meetings can be like mythical vampires – sucking the life out of intelligent and creative people. And sucking the funds out of businesses. Unfortunately, there are too many of these meetings in business today. A UCLA study said the “typical” meeting includes nine people. If…

CEO leadership; §1031 EXCHANGES COMBINED WITH SELLER CARRYBACK NOTES

The Four Primary Functions of CEO Leadership

The Four Primary Functions of CEO Leadership By Rick Johnson The majority of effective functions of a CEO/President leaders seem to be natural visionaries. Although, I admit, that there are successful leaders that can’t see past lunch. However, those leaders without the vision that are successful are successful because they have the unique ability to…

10 No-Cost Ways to Recognize Employees

10 No-Cost Ways to Recognize Employees

10 No-Cost Ways to Recognize Employees By Marjorie Treu 1/21/2009 Turn on any nightly newscast and you will hear the doom-and-gloom predictions of an economic recession just around the corner. Reactions inside organizations run the gamut from “Things are great. Go Team Go!” to “Stop all spending now!” based on manager leadership styles and their…