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ARTICLE · 07 APRIL 2017

March 2017 Tax Snacks

Baker Newman Noyes
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•2016 income tax returns are due for individuals and calendar year C-corporations and trusts...

United StatesTax
Baker Newman Noyes
Baker Newman Noyes

TAX SNACKS: BITE-SIZE TAX NEWS AND INFORMATION ON THE FLY

Dates to Remember

Note: The filing deadlines for several forms have changed, effective this filing season. The most commonly-encountered forms affected by this change undergo a swap in the deadlines between Forms 1120 and 1065 (C-corporations vs. partnerships/LLCS).

March 31: 1099s and W-2s are due to IRS for those who e-file

April 1: The initial Required Minimum Distribution (RMD) must be taken by beneficiaries of Qualified Retirement Plans (like IRAs) who turned age 70 ½ anytime during 2016

April 15:

  • 2016 income tax returns are due for individuals and calendar year C-corporations and trusts
  • 1st quarter 2016 estimated tax payments are due for individuals and calendar year trusts and corporations

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