Important Tax Deadlines
All engagement letters have been sent for the upcoming tax season (April 2018). Please be sure to return your signed engagement letters to our office to avoid delays in your tax preparation.
2017 Payroll Tax Returns (Forms 940, 941, 943, and 944) are due on January 31, 2018. The deadline for mailing recipients their 2017 W-2’s is January 31, 2018, with the W-3/W-2 electronic filing deadline on January 31, 2018.
The individual tax deadline is April 17, 2018. However, in order to complete processing requirements, including confirmation from the IRS that your return has been accepted, we will not file any returns after April 13, 2018. In order to meet these deadlines, UCM must receive all information to prepare your returns by March 2, 2018. If we do not receive all information needed by March 2, 2018, but have a signed engagement letter from you, we will automatically file an extension.
Documentation must be provided as follows:
S Corporations and Partnerships (with calendar year-end) – information will be needed by February 2, 2018; tax returns are due March 15, 2018.
C Corporations – by March 2, 2018; tax returns are due April 17, 2018.
Nonprofits (with calendar year-end) – by April 13, 2018; tax returns are due May 15, 2018.
Just a reminder that Form 1099 must be filed on all payments over $600 for professional services paid during the tax year with the exception of payments to corporations, these do not apply. Please begin compiling this information now and be sure to include UCM on your list in preparation for your 2017 tax filings. You can find Form W-9 at www.irs.gov. The deadline for issuing 1099’s to recipients is January 31, 2018.