December 2019
As we close out the year, here's what individuals and families need to know about tax provisions for 2019.
Whether you file as a corporation or a sole proprietor, here's what business owners should keep in mind when it comes to their 2019 taxes.
Tax breaks for charitable giving are not limited to individuals; your small business can benefit from them as well.
               
If you have a high-deductible health plan but don't have a health savings account, you could be missing out on several important tax benefits.
               

Tax Due Dates 

 December 10

Employees who work for tips - If you received $20 or more in tips during November, report them to your employer. You can use Form 4070.

 December 16

Corporations - Deposit the fourth installment of estimated income tax for 2019. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.

Employers Social Security, Medicare, and withheld income tax - If the monthly deposit rule applies, deposit the tax for payments in November.

Employers Non-payroll withholding - If the monthly deposit rule applies, deposit the tax for payments in November.
IN THIS ISSUE
Tax Tips
QuickBooks Tips

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Dawson & Associates | 818 379-9800 | team@dawsoncpa.com | http://www.dawsoncpa.com
16027 Ventura Boulevard Suite 501
Encino, CA 91436
Dawson & Associates, 16027 Ventura Boulevard  Suite 501, Encino, CA 91436
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