ROSYAN BOOKKEEPING SERVICES -  Your affordable Bookkeeping & Consultancy Services.
RSS

Recent Posts

IT'S TAX SEASON.
W-2 AND FORM 1099 FILING DEADLINE IS JANUARY 31ST 2019.
BEWARE OF GIFT CARD SCAMS.
PGCC Career & Internship Fair
RENEW YOUR ITINS.

Categories

1099 filing
1099 Tax Filing
1099filing
2014 standard mileage rates
2014 Tax Returns
2015 Tax Filing Season
2015 Tax Returns
2016 tax
2016 Tax Filing
2016 tax filing season
2016 tax returns
2017 tax filing
2017 Tax Filing Season
2017 Tax Returns
2017taxes
2017TaxSeason
2018 Tax Season
2018taxes
2018taxreturns
2019taxreturns
2019taxseason
401K Contribution Limits
401K Retirement
Account Setup
accounting
Accounts Payables
Accounts Receivables
Balance Sheet
Balance Sheet Reporting
bookkeeping
bookkeeping,Tax Returns,QuickBooks,Bank Reconciliations,bookkeeping services,small business
Budgeting,Accounting,Business Planning
Business Budgeting
Business Expenses
Business forecasting
Business profit
careerdevelopment
Cash flow
Cash flows
Chipcards
credit card expense
Credit Card Rules
EMV
entrepreneur
Finance Management
Financial Position
Fraud
giftcard fraud
giftcards
Health Insurance credits
Intuit
Intuit Road Show
Inventory
IRA
IRS
ITIN Number
ITINs
Law of Money
lower your taxbill
Money Perspective
New Credit Card Rules
New Year Resolutions
New Yer Planning
Online Banking
Online Fraud
passion
Payroll
Personal development
Personal Finances
proadvisors
profit
profit forecast
profit making
quickbooks
QuickBooks Review
QuickBooks Setup
QuickBooks Software
QuickBooks Support
QuickBooks Training
QuickBooks,Small Business Bookkeeping,Bookkeepers rates,business decisions
quickbooksproadvisors
quickbookstraining
Small Business Setup
Spending Wisely
Tax Bill
Tax Deductions
Tax Filing
Tax ID
Tax Preparation
tax refunds
Tax Returns
tax season
taxes
taxes2017duedate
taxreturns
taxseason
Tracking your expenses
w-2
w-2s
Wealth Management
Year End
youthempowerment
powered by

My Blog

2016 tax returns

W-2 and Form 1099 Form Tax Report Deadline for 2018.



W-2 Form; 1099 Form Filing.

As the Year is coming to an end and Tax Season is drawing closer, it is important to remember The Protecting Americans from Tax Hikes (PATH) Act of 2015 that was passed by Congress in 2015, which became effective last year. We had published a Detailed Article - https://www.linkedin.com/pulse/new-w-2-deadline-2017-business-owners-employers-take-note/

With this New Act, Employers and Small Businesses have January 31 Filing Deadline to submit Forms W-2 and W-3 to the Social Security Administration (Whether you file using Paper Forms or electronically).

Tax Credits & Tax Deductions.

 We have only Few Days left to the end of Tax Season; Many of Our Clients ask if a Tax Credit is better than a Deduction. Just to enlighten us, A Tax Credit is a Dollar -For-Dollar Reduction of the Taxes you owe; For instance, A $100 Credit means you pay $100 less in Taxes.

  A Deduction reduces the Taxes, you owe by a Percent of every Dollar, you're allowed to deduct. You Calculate the worth of your Deduction by multiplying your marginal (Or Top) Tax Rate by the amount of the deduction.

Unclaimed Business Expenses.

 It's unbelievable to hear that People forget to claim the expenses incurred on their Credit Card during their Tax Filing; We have noticed that many Business Owners neglect to include their Credit Card Activities, which qualify for Business Deductions. This is due to Ignorance and lack of knowledge in knowing how to input this in their Accounting Software. 

Don't be left out. Do the Right Thing. Don't leave out money on the Table. Claim your Deductions and you will be better off for it.

Filing Season Starts Monday, January 23rd 2017.

               
The IRS will begin accepting 2016 Returns and processing Paper Ones on January 23,2017. The Closer you are to the front of the line, the safer your refund will be. So What Do you Need to Do?

*Start collecting your Tax information- Your W-2s, Mortgage Interest Statements and 1099s as soon as it begins arriving in the Mail.
* Pull Together Receipts and Other Information on your itemized deductions as soon as possible.
* Once you have everything you need, Schedule Time with your Accountant, Bookkeeper, Enrolled Agent or Tax Preparer.