DP Financial & Tax

Let’s face it – What you do, you do well. However, numbers may not be your thing. That’s okay. That’s why you’re not an accounting firm. Numbers are our thing. Let us help you gather your information for taxes in a way that can be quick and pain free, so you can get back to doing what you do well. Here are a few key pieces of information that will be needed to process your business tax return: 1. Assets: New Asset Listing – An asset listing showing the asset descrip

Due to a provision in the Consolidated Appropriations Act passed by Congress, the filing deadlines for employer copies of Forms W-2/1099-MISC have changed. The IRS has set a new deadline for Forms W-2/W-3, 1099-MISC, and Form 1096 of January 31st, 2017. Likewise, Oklahoma is no longer accepting paper copies of 1099’s. These must be electronically filed on the OKTAP system. The IRS is stressing that there will be no grace for these filings and penalties and interest are high

Due to a provision in the Consolidated Appropriations Act passed by Congress, the filing deadlines for employer copies of Forms W-2/1099-MISC have changed. Starting in tax year 2016, the deadline for filing Forms W-2 to the Social Security Administration and 1099-MISC to the Internal Revenue Service will be January 31, 2017 rather than February 28th as it has been in the past. This new deadline is for all employer's W-2 and 1099-MISC returns, both electronic and paper. Addi

Taxes are the last thing on your mind between Thanksgiving and Christmas. However, we have only a few short weeks left to take care of some important things and ensure that your 2016 tax return holds minimal surprises. Below are some reminders of deadlines, as well as some tips to help you gather your information for your 2016 taxes more easily. Items with a 12/31/16 Deadline: Charitable giving Be sure to get receipts for all non-cash and cash donations Figure the value of