Happy New Year! As we approach busy season, here are some important reminders and notes for you (please read)!:
Individual Tax Filing deadline (C Corps, Gift Tax Returns, and Trusts/Estates too) – 4/16/2024 unless extended. All client organizers have been printed to your 2023 SmartVault folder titled “Client Source Documents”. You do NOT have to complete this entirely, but you should use it as a guide. The organizer not only reminds you of items/details provided in 2022, but also has a checklist for you to confirm any material changes in 2023 and communicate them directly to Brian (in addition to confirming direct deposit bank info, address, and estimated tax payments made). Tax season appointments are not required, you may begin uploading documents to your vault when ready. Our system notifies us when documents are uploaded, but you can also send Brian a quick note when all details have been submitted. Please let our office know if you have questions or need an appointment (phone/virtual) to discuss anything in detail.
All Business-Owner clients – 1099’s are due by 1/31/24. Please start gathering payroll reports (where applicable, unless we already have access via QBO or Gusto) and also let us know when financials are complete and reconciled.
Due Dates by entity type are as follows:
Partnership (form 1065) due 3/15/2024
S Corporations (1120S) also due 3/15/2024
Non-Profit (990) Due 5/15/2024
We do understand that some documents (investment, k-1’s, etc.) do not always arrive on time. If you need an extension, please send Brian an email requesting so. We always print e-file confirmations to SmartVault (extensions and final returns) for your records.
Thank you!