|
INCOME TAX SERVICES
Individuals, business, tax planning, IRS issue resolution |
FINANCIAL REPORTING
Financial statement preparation, compilation, review and audit for business and nonprofit entities |
ACCOUNTING & BUSINESS SERVICES
General business consulting, QuickBooks, Sage 50, business formation, choice of entity, and accounting services |
|
JANUARY 7
IRS begins accepting business returns via e-file JANUARY 15 Individuals' fourth quarter 2019 estimated tax payments due JANUARY 27 IRS to begin accepting individual e-filed tax returns JANUARY 31 W-2 due to employees W-3 due to SSA — all filers Extension available on Form 8809 1099-MISC for nonemployee compensation in Box 7 due to recipients and IRS Other 1099 and 1098 information returns due to recipients FEBRUARY 18 Deadline for brokerages to issue Form 1099-B for stock transactions Deadline for real estate transactions reported on Form 1099-S FEBRUARY 28 Paper filing of Forms 1099/1096 due to IRS (other than nonemployee compensation) MARCH 2 Deadline for insurance providers to issue Forms 1095-B and 1095-C to recipients (IRS extended due date) MARCH 16 Deadline to file Form 2553 for corporations or LLCs wishing to be taxed as S corporations for tax year 2020 Passthrough entity returns due Partnership (1065) S corporations (1120S) Deadline to furnish K-1s to partners and S-corp shareholders Deadline to request six-month extension for Forms 1065 and 1120S MARCH 31 Electronic filings of Forms 1099/1096 due to IRS (other than nonemployee compensation) APRIL 1 DC two-year report (Form BRA-25) due to DCRA for all businesses operating in DC. Late fees to be waived until June 1 APRIL 15 DC first quarter 2020 estimated tax payments due for individuals and businesses MAY 1 VA individual tax returns due. Automatic 6-month extensions available with no filing required Payment deferred to June 1 JUNE 1 VA tax payments due — any payments originally due between April 1 and June 1 have been deferred to June 1. VA first quarter 2020 estimated tax payment due for individuals and businesses. Fairfax County Business Personal Property Returns due (extended from May 1) JUNE 15 DC second quarter 2020 estimated tax payment due for individuals and businesses VA second quarter 2020 estimated tax payment due for individuals and businesses |
JULY 15
MD Annual Report and Business Personal Property Tax Returns due (deferred from April 15) Federal individual tax returns (1040) due DC, MD individual returns due Form 1120 tax returns due for calendar year C corporations Form 1041 trusts and estates due Deadline for calendar year nonprofits to file Form 990 or file for extension (deferred from May 15) Last day to pay any 2019 tax due without incurring late payment penalty File for extension Pay estimate of tax due if necessary FBAR returns due for foreign bank accounts Extension available First and second quarter 2020 federal estimated tax payments due for individuals and C corporations (deferred from April 15 and June 15) per IR-2020-66 Last day to file amended 2016 individual return (without extension) and claim a refund Deadline for 2019 contributions to traditional and Roth IRAs JULY 31 Form 5500 due for Individual 401(k) and profit sharing plans Extensions available SEPTEMBER 15 Final deadline for S corporations (1120S) and partnerships (1065) Third quarter 2020 estimated tax payments due for individuals and C corporations OCTOBER 1 Final deadline for calendar year trusts and estates filing Form 1041 OCTOBER 15 Final deadline for individuals (1040) and calendar year C corporations (1120) on extension Deadline for Form 5500 for Individual 401(k) and profit sharing plans riding on individual and C corporation sponsors’ extensions Last day to make contributions to SEP-IRA and Individual 401(k) for 2019 returns Last day to file amended 2016 individual tax return and claim a refund, provided the original return was on extension NOVEMBER 15 Filing deadline for calendar-year nonprofits (Form 990) on six-month extension DECEMBER 15 Fourth quarter 2020 estimated tax payments due for C corporations DECEMBER 31 Last day for self-employed persons to set up individual 401(k) YEAR-END TAX PLANNING Schedule an appointment now to review your year, check your withholding and/or estimated tax payments, and look for opportunities to save. |
