This page contains current information regarding 2011 tax filing of Federal income tax returns. Check back often for updates.
Tax Filing Resources
Goodwill guide – Valuation guide for non-cash contributions provided by Goodwill Industries
Schedule D – Capital Gains
Starting in 2011 the IRS is now requiring additional information to be reported on security sales. We can provide to you an Excel worksheet for your use. Your use of this worksheet will save us the time and you the fees associated with the data entry. Please email firm@davisgraves.com to request our worksheet
- Click Here - for sample input of security transactions
Year End Tax Planning
- Click Here - 2011 Year-End Tax Planning: 10 Things to Keep In Mind
S-Corporation – Reporting Health Insurance Premiums
Sub-chapter S corporations have special reporting requirements for health insurance premiums paid to shareholders. We have prepared the following documents to assist you in compiling with this requirement:
- Click Here - Letter describing reporting requirement
- Click Here - Sample W-2
Changes for Tax Year 2011
The tax laws enacted in the last couple of years contain important income tax and information reporting provisions that are effective for the first time in 2011. To inform you of what’s new in the tax rules, here’s a summary of the key tax changes for 2011, broken down into three categories: Personal Income Taxes, Retirement Plan Changes, and Tax Changes for Businesses and Investors.
