Here are some key tax dates for your diary.
February 2012
10th – Employees need to report to their employer tips earned in January of more than $20
15th – File a new W-4 with your employer if you claimed exemption from withholding in 2011 and want to continue with exemption
15th – 1099-B should be received from your broker – broker can apply for extension so 1099-B may not arrive until March
20th – Chandler Sales Tax Return needs to be filed
21st – Arizona Sales Tax Return needs to be filed
If you have a corporation start getting your accounting information together and schedule appointment with your tax preparer to have your 1120 US Corporation Income Tax Return or 1120S US Income Tax Return for a S Corporation prepared. For calendar year returns the filing deadline is March 15, 2012.
Posted By Mark Smith
Mark Smith, EA is an Enrolled Agent and accountant with over 30 years tax and accounting experience. He is the owner of Cranmere Accounting and Tax Services LLC. He can be contacted on (480) 363-4808 or by email at info@cranmereaccountingandtax.com if you need assistance with any of the above.