olzpix.blogg.se

Storing your receipts online will save you from a mountain of paper to sort through come tax time. If you haven’t done so already, it’s time to go paperless. April 17: Individual Returns DueĪpril 17 is the deadline to file individual or sole proprietor tax returns (forms 1040), or apply for a tax extension. March 15 is the deadline to file your corporate tax return (forms 11S), or apply for a tax extension. The earlier deadline gives partners a chance to receive Schedule K-1's before the personal tax return due date. March 15 is the deadline to file individual and partnership tax returns. If you paid an independent contractor or employee more than $600 in 2016, you should have already provided them with a 1099 or W2, respectively, on or before February 1. Depending on the nature of your business, you may also need to submit additional documents to the IRS before that date.Īdd these dates into your calendar and don’t miss a single deadline: February 2: Forms 1099 and W2 Postmarked

Missing them can result in expensive penalties. If you live in the US, this step-by-step guide will help you get organized so you can get a jump start and file your 2016 tax return well before it’s due. Tax season is here, and whether it's your first year in business or your tenth year, it always feels like there’s an endless list of tasks to get through to file your return.