Year-End Planning: Prepare Forms W-2

As we near the end of 2020, it is time for employers to begin preparing Forms W-2 to send in January. All forms W-2, and W-3 for the 2020 tax year must be filed by January 31, 2021. Consequently, now is the time to begin gathering necessary information for W-2 reporting for various items such […]

IRS Tax Tip: Gather records early for a smoother tax season

As taxpayers are getting ready to file their taxes, one of the first things they’ll do is gather their records. To avoid refund delays, taxpayers should gather all year-end income documents before filing a 2019 tax return. It’s important for folks to have all the needed documents on hand before starting to prepare their return. […]