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The Trump Administration recently released details on a proposed tax reform plan.

Beginning in April, the IRS will start send letters to taxpayers whose overdue federal tax accounts have been assigned to one of four private debt collection agencies.

Large Corporations Pay the Tax Bill (on Audits)

If you are nearing retirement age, you may be wondering what age would be best to start collecting your social security benefits.

In an effort to uncover compliance issues on Form 1040 Schedule F (Profit or Loss from Farming) tax returns, the IRS has announced a pilot program to audit expenses taken by filers of this schedule.

Partnership & S-Corporation Returns are due Wednesday March 15th, 2017. If we have received your information for your partnership or S-Corp, we will work to get your return filed by this date. Otherwise, we will get a 6-month extension for you.  If you are unsure when your tax return is due, please contact us and we would

BRSW CPAs is sponsoring a downtown street banner in Van Wert for 2017.

[et_pb_section admin_label=”section”][et_pb_row admin_label=”row”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] Earlier during this tax filing season, the IRS announced that they had made changes to their system, and that returns that failed to provide information on healthcare coverage would be rejected. However, due to President Trump’s executive order on 1/20/2017 stating that government agencies needed to waive, defer, grant exemptions

1099 forms are now due to the recipient and to the IRS by January 31.

The following return due date changes apply to 2016 tax returns that will be filed in 2017 as well as any subsequent returns. Any item in bold below has changed: Tax Filing New Due Date Old Due Date Notes Form 1065 (Partnership) March 15 April 15 Extended return is due September 15 Form 1120 (C-Corp) April