IRAs are designed to enable taxpayers to save for retirement and you still have time to contribute to an IRA for 2016 and, in many cases, qualify for a deduction or even a tax credit. To count for a 2016 tax return, contributions must be made by April 18, 2017. Most taxpayers with qualifying income […]
All Partnerships and S Corporations are due Wednesday, March 15, 2017 Partnerships (and entities taxed as partnerships) filing Form 1065: Calendar year filers will be due March 15th (previously April 15th) or the 15th day of the third month following the end of the organization’s fiscal year. S Corporations (and entities taxed as S corporations) filing […]
Do not delay! If you are one of those who has not filed your 2013 Tax Return and know you are due a refund you have until this April 18th to file and receive that refund. Otherwise LOSE IT! The IRS announced there are unclaimed federal income tax refunds totaling $1 Billion across the US […]
Contact NGAS now – we are here to help review your charitable contributions and complete your tax return Donating to your favorite Charity can qualify as a beneficial itemized deduction on your tax return, however, it is important to understand what qualifies as a contribution and what is a qualified organization. Qualified Organizations To confirm […]
If/Then Chart Explains How the Health Care Law Affects You From IRS Health Care Tax Tip 2017-01, January 4, 2017 As you prepare to file your 2016 tax return, review this chart to see how the health care law affects you. If you have more questions, please contact NGAS we are here to help. IF YOU… […]
As we close on the end of the year and start to prepare for next year having a business tax checklist to work from will come in handy. If you are wondering what your tax burden for your small business will be like next year North Georgia Accounting Solutions can help you. We work with […]