If you filed an extension for your business tax return, now is the time to make sure everything is ready for the September 15 filing deadline. The September 15 deadline applies to calendar-year: Form 1065 Partnership Returns Form 1120-S S Corporation Returns Missing the September 15 extension deadline can be costly, even for businesses that…
Tax
Don’t Wait Until December: Why Year-End Tax Planning Starts Now
September and October are the perfect time to review where you stand and start planning for year-end. At Royce CPA, we can help you get ahead with year-end cleanups, fourth-quarter payroll reconciliation, and tax planning. December may feel like the natural time to start thinking about year-end taxes, but waiting until the final weeks of…
Beat the Extension Rush
Forms 1120-S and 1065 are due September 15. Individual Form 1040 and Form 1120 returns are due October 15. Upload your tax documents now to beat the extension rush. If your tax return is currently on extension, now is the perfect time to send us your remaining tax documents. As we prepare for our September…
High Income? Here’s a Little-Known Way to Supercharge Your Retirement & Cut Taxes
If you’re a solo business owner with strong, consistent income—and you’ve been maxing out your retirement plans—you might be wondering: What else can I do to lower my taxes and build wealth faster? There’s one option most business owners overlook: the Defined Benefit Plan (sometimes called a Pension Plan). What Is a Defined Benefit Plan?…
Quarterly Tax Payments Are Due 9/15
If you submit your tax payments quarterly, the deadline may be sneaking up on you. Here is a friendly reminder that your third quarter estimated tax payment is due on the 15th of September. While the IRS may delay refunds owed to people, they will definitely impose additional penalties on you if you miss your…