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May 15 is the deadline for calendar-year nonprofit organizations to file 2016 information returns.

Be aware of scams long after tax filing time. If the IRS has questions, you will get a notice in the mail.

Consider adjusting your tax withholding if you received a large refund or paid a large balance due with your 2016 tax filing.

Summer family wedding? Encourage the soon-to-be married couple to do some tax and financial planning.

Have you inherited an individual retirement account? Know the distribution rules for beneficiaries. Call for help.

Don’t accrue failure-to-file penalties. If you haven’t filed tax returns for prior years, get caught up now.

Nonprofit organizations will lose their tax-exempt status if they do not file an annual report for three consecutive years.

Contribute the maximum amount to your retirement account that your employer will match. It’s free money.

Meet with your insurance agent once a year to evaluate your coverage. Many life events can change your coverage needs.

The IRS will never call you and use threatening language about immediate payment of your taxes.

Need to correct errors on a tax return? File an amended tax return, Form 1040X.
If you contribute to a retirement plan, you may qualify for a Saver’s Credit of up to $2,000 (married) or $1,000 (single).

The IRS can use all or part of your tax refund to pay other federal or state debts that you owe.

The second installment of 2017 individual estimated tax is due on June 15, 2017.

We deal with clients that have more complicated issues: rental properties, S Corps and partnerships. Rental Properties and Law Firms are our specialty areas. If you need assistance from a CPA firm, we love new clients.

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