February 9, 2018
As a reminder, most 2017 tax documents were to be post dated by January 31st, so you should have many of your tax forms by now. Most brokerage firms have until February 15th to deliver their tax documents, so if you have investment accounts it may be another week until you receive the investment account tax statement.
Please submit your documents to us as soon as possible but not later than March 15th to ensure your tax return is not extended.
If you need to make an appointment, go to www.mattisonyoder.com and click on appointment, or you may contact Christina Bailey in our office at (614) 854-9000 extension 206.
Black Friday and Cyber Monday need no introduction, but for small business owners it’s all about Small Business Saturday—an annual holiday shopping tradition that gets communities out in support of their local small businesses. Small Business Saturday falls on November 24 this year, so if you haven’t already…start getting the word out.
The Protecting Americans from Tax Hikes (PATH) Act of 2015 requires Forms 1099-MISC reporting non-employee compensation (NEC) in box 7 to be filed by January 31.
There has been substantial discussion surrounding the tax law, specifically the dis-allowance of business entertainment deductions. In the past, business meals and entertainment expenses were lumped together in one category and were subject to only a 50% deduction for tax purposes.
Beginning January 1, 2018 the new tax law states that entertainment expenses (sporting events, golf...