Client Services

Online Appointment Scheduling

Credit cards accepted

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Professional Associations and Certifications

Resources

Links to Relevant Websites

• Internal Revenue Service
• Massachusetts Dept of Revenue
• Social Security Administration
• Quickbooks
• TaxAlmanac
• Tax and Business Strategies (New!)

Personal Tax Information

• Personal Tax Organizer
• Important Dates:
• February 1 - Employers must furnish W-2 statements to employees, 1099 statements must be furnished by payers
• March 1 - Employers must send W-2 copies to Social Security Administration (March 31 if filing electronically
• April 15 - Individual income tax returns for prior tax year due
• April 15 - Prior tax year annual gift tax returns are due
• April 15 - Deadline for IRA contributions for prior tax year
• Record Retention for Individuals:
• Tax returns (uncomplicated) - 7 yrs
• Tax returns (all others) - Permanent
• W-2s - 7 yrs
• 1099s - 7 yrs
• Canceled checks supporting tax deductions - 7 yrs
• Bank deposit slips - 7 yrs
• Bank statements - 7 yrs
• Charitable contribution documentation - 7 yrs
• Receipts, diaries, logs pertaining to tax return - 7 yrs
• Investment purchase and sales slips - Ownership period + 7 yrs
• Dividend reinvestment records - Ownership period + 7 yrs
• Year-end brokerage statements - Ownership period + 7 yrs
• Mutual fund annual statements - Ownership period + 7 yrs
• Investment property purchase - Ownership period + 7 yrs
• Home purchase documents - Ownership period + 7 yrs
• Home improvement receipts and canceled checks - Ownership period + 7 yrs
• Retirement plan annual report - Permanent
• IRA annual reports - Permanent
• IRA nondeductible contributions Form 8606 - Permanent
• Insurance policies - Life of policy + 3 yrs (check with agent)
• Divorce documents - Permanent
• Loans - Term of loan + 7 yrs
• Estate planning documents - Permanent