Do you ever wonder how long you should keep old financial records? Williams-Keepers LLC has developed a Record Retention Schedule that can help you determine how long you need to keep bank statements, deeds for property, tax returns and other financial documents. The timeframes included in the schedule are estimates, and the actual amount of […]
The IRS released final Repair Regulations in September 2013 to provide guidance on which amounts paid for materials and supplies, for repairs and maintenance, and for purchases of assets can be expensed and which must be capitalized. The final Repair Regulations apply to tax years beginning on or after January 1, 2014.
Below is a general schedule of tax deadlines throughout the year. If any due date falls on a Saturday, Sunday or legal holiday, the deadline is moved to the next business day. Deadlines for entities with a year-end other than December 31 are listed at the bottom of the page. Information regarding any changes to […]