March 2019 Individual Due Dates
March 11 - Report Tips
to Employer
If you are an employee who works for tips and
received more than $20 in tips during February, you are required to report them
to your employer on IRS Form 4070 no later than March 11.
Your employer…
December 2018 Individual Due Dates
December 3 - Time for Year-End Tax Planning
December is the month to take final actions that can affect your tax result for 2018. Taxpayers with substantial increases or decreases in income, changes in marital status or dependent status, and…
November 2018 Individual Due Dates
November 13 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during October, you are required to report them to your employer on IRS Form 4070 no later than November 13. Your employer…
August 2018 Individual Due Dates
If you are an employee who works for tips and received more than $20 in tips during July, you are required to report them to your employer on IRS Form 4070 no later than August 10. Your employer is required to withhold FICA taxes and income…
Big Changes for Vehicle Tax Deductions
In the past, the business use of a vehicle was determined either by using the standard mileage rate for business or using actual expenses plus vehicle depreciation limited by the luxury auto caps. That continues to be the case, except the luxury…
July 2018 Individual Due Dates
July 1 - Time for a Mid-Year Tax Check Up
Time to review your 2018 year-to-date income and expenses to ensure estimated tax payments and withholding are adequate to avoid underpayment penalties.
July 10 - Report Tips to Employer
If…
May 2018 Individual Due Dates
May 10 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on IRS Form 4070 no later than May 10. Your employer is required…
April 2018 Individual Due Dates
April 1 - Last Day to Withdraw Required Minimum Distribution
Last day to withdraw 2017’s required minimum distribution from Traditional or SEP IRAs for taxpayers who turned 70½ in 2017. Failing to make a timely withdrawal may result in…