Commentary: Keeping Your Balance: Additions

Summary

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Monday, Oct. 17, served as a dual date of considerable interest in our office this week, as it does every year. This date (usually Oct. 15) officially signals the closing of another tax return compliance year for substantially all 2010 calendar year businesses who also have one or more corresponding personal income tax returns associated with them.

These would include S Corporation and LLC/LLP filers whose earnings get reported by having them flow through to the underlying shareholders or partners who then, in turn, report those earnings/ results on their personal income tax returns.

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Commentary: Keeping Your Balance: Additions

In addition it also (un)officially turns our tax department focus immediately towards income tax planning meetings, conferences and strategy sessions for the 2011 calendar yea...

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