Fall 2011 issue of Horizons

FEB 01 2012

MAR 15 2012

All Employers. Provide your employees their copies of Form W-2 for 2010. Social Security, Medicare and withheld income tax are included on Form 941 for the fourth quarter of 2011. Remit any undeposited tax. Individuals. If you claimed exemption from income tax withholding last year on the Form W-4 you gave to your employer, you must file a new Form W-4 by this date to continue your exemption for another year. All Businesses. File 2011 Form W-3, “Transmittal of Wage and Tax Statements,” with Copy A of Forms W-2 you issued in 2011. File information returns (Forms 1099) for certain payments made in 2011.

Corporations. File a 2011 calendar year income tax return (Form 1120) and pay any tax due. If you want an automatic six-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe. S Corporations. File a 2011 calendar year income tax return (Form 1120S). Provide each shareholder with a copy of Schedule K-1. If you want an automatic six-month extension of time to file the return, file Form 7004. Electronic filing of Forms 1098, 1099 and W-2G. File forms 1098, 1099, or W-2G with the IRS. This due date applies only if you file electronically. Due date to recipients remains February 1.

FEB 15 2012

MAR 01 2012

APR 02 2012

Under U.S. Treasury Department guidelines, we hereby inform you that any tax advice contained in this communication is not intended or written to be used, and cannot be used by you for the purpose of avoiding penalties that may be imposed on you by the Internal Revenue Service, or for the purpose of promoting, marketing or recommending to another party any transaction or matter addressed within this tax advice. Further, RubinBrown LLP imposes no limitation on any recipient of this tax advice on the disclosure of the tax treatment or tax strategies or tax structuring described herein.

www.rubinbrown.com

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