I need to change my tax filing status from an LLC to SCORP. What date is the deadline to do that in December?  Someone mentioned it’s sometime in December for the 2019 tax year. Thanks 

The April 15th due date for filing and paying taxes has been automatically extended 90 days.
Individuals can defer up to $1 million of tax liability and corporations get an extension on up to $10 million. Late filin...

The March 16th due date has passed and among returns due were partnership and s-corp returns.
Many were hopeful IRS would have made an announcement regarding filing due date relief, but it's understandable the Coro...

The IRS announced on today that they're postponing the deadline for all individual tax returns. Returns that were due April 15 are now due May 17. The IRS says it will issue formal guidance in the near future.

The ...

I guess I've been living under a rock and this year is reason #300 I need to complete the hiring out of my bookkeeping.  Have never minded doing it, just don't look forward to it at all and have had a few more complex...

My accountant emailed a couple weeks ago and said that the 2016 1099s have to be filed to the IRS by the end of February.However, I found an IRS website and Intuit website that says as of this year that the form needs...

Hi everyone, I have a LLC in Columbus OH which I use to buy rental property. I am out-of-country so I'm not super familiar with the taxes, and just wanted to be clear before the filing deadline in May haha... What are...

IRS just announced the tax filing deadline will be moved to July 15, 2020. This is in addition to the previously announced move of payment deadlines.

Tax season may be a few months away still, but what should you expect if you're a first-time limited partner?

What to Expect: Equity Investors
As an equity investor, you will receive a K-1 from your op...