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Change in Filing Deadlines

For tax years ending December 31, 2016, some filing deadlines have changed.
In past years, C Corporations returns (Form 1120) have been due on March 15. Starting with this filing season Form 1120 is due April 15.
In past years, Partnership, including LLC’s, (Form 1065) have been due on April 15. Starting with this filing season Form 1065 is due March 15.
Please contact us for more information, if you have questions regarding these changes.

IRS lowers standard mileage rates for 2017

The IRS announced on December 13, 2016 that standard mileage rates for the business use of vehicles will be lowered for 2017 in Notice 2016-79. The new standard mileage rates for the business use of vehicles will change from $.54 in 2016 to $.535 in 2017. Medical and moving mileage deduction for 2017 will be… Continue Reading

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