This is
G&G Associates Tax & Financial Consulting
e-Newsletter
Tax Tip of the Week
Reminder: Employers Needed to File Forms
W-2 by Jan. 31 ...Yesterday
W-2 by Jan. 31 ...Yesterday
Imhotep (Wisdom to You) G&G Readers,
Reminder employers ... yesterday was the due date for filing Forms W-2, the Wage and Tax Statement for their employees for calendar year 2016, was Jan, 31, 2017. Also, those who hire contract workers and have to file Form 1099-MISC had to file by Jan. 31.
The new deadline applies whether an employer e-files or files a paper
Form W-2. Employers who pay an employee $600 or more for the year must
file a Form W-2 for each employee with the Social Security
Administration.
The new deadline is part of legislation signed into law at the end of 2015 to combat identity-theft related refund fraud.
The Social Security Administration encourages all employers to e-file their Forms W-2. Employers who file paper Forms W-2s should file them with the Social Security Administration, Data Operations Center, Wilkes-Barre, PA 18769-0001.
E-filing can save time and effort and helps ensure accuracy. Employers must e-file if they file 250 or more Forms W-2 or W-2c. Employers who are required to e-file but fail to do so may incur a penalty. E-filing can save time and effort and helps ensure accuracy.
The IRS projects that employers will file more than 250 million Forms W-2 this year; the vast majority will be e-filed. The new rule does not affect the filing deadline for other types of Form 1099 or Forms 1097, 1098, 3921, 3922, or W-2G, which are filed on paper by Feb. 28, 2018, or by April 2, 2018 if filed electronically.
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Internal Sponsorship:
G&G TAX PREPARATION SERVICES
G & G Associates is a Black-Owned Business focused on easing our client's minds on tax compliance matters. With the ever changing and burdensome tax code, overwhelming and confusing federal and state tax forms and increasing IRS scrutiny over most tax items, taxpayers need to have at least this one part of their lives made easier, less stressful and more profitable.
Our expert help includes our:
In-Depth Interview — a thorough and complete experience designed to unearth every tax savings opportunity during the course of your tax preparation. We use these to the latest IRS guidelines to guide you through a painless, interactive session so that together, we catch every single detail that results in more tax savings for you.
We can service clients anywhere in the world and we look forward to assisting you in getting your tax return prepared for the 2016 and beyond tax season. (Referrals available upon request)
If you are a returning client you'll get a 25% discount off your tax preparation fees. If you are a new client you'll get $40 off our normal fees. If you are active duty or retired military you'll get a 15% discount. If you are a senior citizen (above 65) you'll get a 20% discount.
At G&G Associates, we GUARANTEE to beat "ANY" other tax professional’s price. We take pride in not nickeling and diming our customers with unnecessary charges & fees.
Do you have a friend, co-worker or family member who might be interested in G&G Associates Tax Preparation Services? If so, then you can earn $40 for everyone you refer that files their tax returns with us. Just refer that person, and when we complete their tax return we will send you a check for $40. To make the deal even sweeter, after (4) four referrals you will get your taxes done for free.
We are looking forward to doing business with you for the upcoming tax season.
For more information about G&G Associates, visit our website at www.gngassociates.net
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If you need a great tool to use to track your mileage, I started using an app after meeting the company at this years IRS conference that works with my smart phone called MileIQ. The app automatically logs your business and personal drives and I love it! MileIQ is the #1 mileage tracking app, trusted by hundreds of thousands of users every day!
You can try it for free and get a 20% discount when you upgrade by clicking HERE:
This year’s tax season will be a challenge for many especially since record numbers of individuals have tapped into savings, retirement accounts, etc which may have caused tax bills you didn't realize.
So, it will be imperative that you have a tax professional and "not a tax preparer" doing your taxes. Trust me folks, there is a big difference.
One of the benefits of being a client with G&G Associates is that you'll get a free 30 min pre-tax preparation session to make sure you are gathering your documents appropriately before you submit your documents for tax preparation.
So, contact us today to schedule an appointment.
Visit our website for more information and free online webinar classes to help you make sure you are audit proofing your records, or contact us today to set your appointment if you need a “TAX” OR “FINANCIAL” one-on-one consultation.
Until the next time!
Tuau (Thank You Much),
Asar Maa Ra Gray
Tax, Financial & Veteran Services Consultant
G&G Associates
757-271-6068 office
866-361-3872 toll free fax
www.gngassociates.net
G&G Associates is on Facebook ... join our fan page.
**You must be a G&G Associates tax or veteran services client to receive the $40 referral fee
P.S. If you're not a GGIS Paid Subscriber reader yet, why not? Currently, our GGIS portfolio is packed with great plays to kick-start your portfolio for 2017.
The new deadline is part of legislation signed into law at the end of 2015 to combat identity-theft related refund fraud.
The Social Security Administration encourages all employers to e-file their Forms W-2. Employers who file paper Forms W-2s should file them with the Social Security Administration, Data Operations Center, Wilkes-Barre, PA 18769-0001.
E-filing can save time and effort and helps ensure accuracy. Employers must e-file if they file 250 or more Forms W-2 or W-2c. Employers who are required to e-file but fail to do so may incur a penalty. E-filing can save time and effort and helps ensure accuracy.
The IRS projects that employers will file more than 250 million Forms W-2 this year; the vast majority will be e-filed. The new rule does not affect the filing deadline for other types of Form 1099 or Forms 1097, 1098, 3921, 3922, or W-2G, which are filed on paper by Feb. 28, 2018, or by April 2, 2018 if filed electronically.
-------------------------------------------------
Internal Sponsorship:
G&G TAX PREPARATION SERVICES
G & G Associates is a Black-Owned Business focused on easing our client's minds on tax compliance matters. With the ever changing and burdensome tax code, overwhelming and confusing federal and state tax forms and increasing IRS scrutiny over most tax items, taxpayers need to have at least this one part of their lives made easier, less stressful and more profitable.
Our expert help includes our:
In-Depth Interview — a thorough and complete experience designed to unearth every tax savings opportunity during the course of your tax preparation. We use these to the latest IRS guidelines to guide you through a painless, interactive session so that together, we catch every single detail that results in more tax savings for you.
We can service clients anywhere in the world and we look forward to assisting you in getting your tax return prepared for the 2016 and beyond tax season. (Referrals available upon request)
If you are a returning client you'll get a 25% discount off your tax preparation fees. If you are a new client you'll get $40 off our normal fees. If you are active duty or retired military you'll get a 15% discount. If you are a senior citizen (above 65) you'll get a 20% discount.
At G&G Associates, we GUARANTEE to beat "ANY" other tax professional’s price. We take pride in not nickeling and diming our customers with unnecessary charges & fees.
Do you have a friend, co-worker or family member who might be interested in G&G Associates Tax Preparation Services? If so, then you can earn $40 for everyone you refer that files their tax returns with us. Just refer that person, and when we complete their tax return we will send you a check for $40. To make the deal even sweeter, after (4) four referrals you will get your taxes done for free.
We are looking forward to doing business with you for the upcoming tax season.
For more information about G&G Associates, visit our website at www.gngassociates.net
----------------------------------------------------------------------------
If you need a great tool to use to track your mileage, I started using an app after meeting the company at this years IRS conference that works with my smart phone called MileIQ. The app automatically logs your business and personal drives and I love it! MileIQ is the #1 mileage tracking app, trusted by hundreds of thousands of users every day!
You can try it for free and get a 20% discount when you upgrade by clicking HERE:
This year’s tax season will be a challenge for many especially since record numbers of individuals have tapped into savings, retirement accounts, etc which may have caused tax bills you didn't realize.
So, it will be imperative that you have a tax professional and "not a tax preparer" doing your taxes. Trust me folks, there is a big difference.
One of the benefits of being a client with G&G Associates is that you'll get a free 30 min pre-tax preparation session to make sure you are gathering your documents appropriately before you submit your documents for tax preparation.
So, contact us today to schedule an appointment.
Visit our website for more information and free online webinar classes to help you make sure you are audit proofing your records, or contact us today to set your appointment if you need a “TAX” OR “FINANCIAL” one-on-one consultation.
Until the next time!
Tuau (Thank You Much),
Asar Maa Ra Gray
Tax, Financial & Veteran Services Consultant
G&G Associates
757-271-6068 office
866-361-3872 toll free fax
www.gngassociates.net
G&G Associates is on Facebook ... join our fan page.
**You must be a G&G Associates tax or veteran services client to receive the $40 referral fee
P.S. If you're not a GGIS Paid Subscriber reader yet, why not? Currently, our GGIS portfolio is packed with great plays to kick-start your portfolio for 2017.
