Close is Not Good Enough with New Reporting Rules

2016-08-24T00:23:44-04:00June 23rd, 2016|

The old adage "close only counts in horseshoes" is an accurate reflection of the new IRS information reporting rules. Beginning with 2016 returns, due dates for Forms W-2 and certain Forms 1099 have been moved up, and the penalties for late or inaccurate forms have substantially increased. Here are the new filing deadlines for 2016 [...]