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Business Tax Deadline - March 15th!

3/10/2019

 
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You should have all filed your Business Tax Returns by now. If not, what are you waiting for? I hope you're not saying, "Oh, I'll just filed an extension - again!" If that's your thought, then shame on you.

Business Tax Returns Due:
Partnership returns are due March 15th!
S-Corporations returns are due March 15th!

You have until Friday, folks! Let's get to work.


Tax Largie, Inc. is here to help! Contact us!

Business Tax Credits: Make It Rain!

3/2/2019

 
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That's right folks! With the right tax professional, you stand a chance of benefiting from several tax credits available to you, both from a business and individual tax credit perspective.

Today, I wanted to draw the attention of business owners to a few business tax credits that they could be eligible for and take advantage of - if their tax professional knows and goes after it.

The Internal Revenue Service [The Service] allows eligible taxpayers to claim a credit for several reasons that is geared towards promoting community, stimulating the economy, and rewarding participating businesses for their efforts.

When reviewing your Business Tax Returns, be sure to explore your eligibility for Business Credits. Here's a list of some that you may find of interest:


  • Form 3800, General Business Credit
  • Form 3468, Investment Credit
    This consists of the sum of the rehabilitation, energy, and reforestation credits.
  • Form 5735, American Samoa Economic Development Credit
  • Form 5884, Work Opportunity Credit
  • Form 6478, Alcohol and Cellulosic Biofuel Fuels Credit
  • Form 6765, Credit for Increasing Research Activities
  • Form 8586, Low-Income Housing Credit
  • Form 8611, Recapture of Low-Income Housing Credit
  • Form 8820, Orphan Drug Credit
  • Form 8826, Disabled Access Credit
  • Form 8834, Qualified Plug-in Electric and Electric Vehicle Credit
  • Form 8835, Renewable Electricity, Refined Coal, and Indian Coal Production Credit
  • Form 8844, Empowerment Zone and Renewal Community Employment Credit
  • Form 8845, Indian Employment Credit
  • Form 8846, Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips
  • Form 8847, Credit for Contributions to Selected Community Development Corporations
  • Form 8864, Biodiesel and Renewable Diesel Fuels Credit
  • Form 8874, New Markets Credit
  • Form 8881, Credit for Small Employer Pension Plan Startup Costs
  • Form 8882, Credit for Employer-Provided Childcare Facilities and Services
  • Form 8896, Low Sulfur Diesel Fuel Production Credit
  • Form 8900, Qualified Railroad Track Maintenance Credit
  • Form 8906, Distilled Spirits Credit
  • Form 8908, Energy Efficient Home Credit
  • Form 8910, Alternative Motor Vehicle Credit
  • Form 8911, Alternative Fuel Vehicle Refueling Property Credit
  • Form 8923, Mine Rescue Team Training Credit
Hopefully, your Business Tax Professional is familiar with all those credits and seek to ensure you receive every penny you are eligible for and deserve to receive.

Yes, the work can be time-consuming; may require higher level tax knowledge; may cost a little more in fees, but it's well worth the benefit of it being done right.
Tax Largie, Inc. is available to assist you with your tax preparation needs, both business taxpayers and individual taxpayers. Contact us; we can help!

    Dale Largie, CPA

    As the adage goes, "Communication is key", so I am excited about comunicating with you, as I believe it will be the "key" that unlocks doors to a productive, lucrative, and longstanding business relationship.

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  • Welcome
  • Services
    • Forensic
    • Service Summary
    • Payroll
    • Tax
    • Accounting
  • Service Plan Fees
  • Tax Largie,s Blog
  • Contact Us
  • About Us
    • Mission