Today is the deadline for providing employees and independent contractors with their tax forms for 2014 (Form W-2 for employees who earned any amount; Form 1099-MISC for independent contractors who earned a total of $600 or more from you). (The usual deadline of January 31 fell on a Saturday this year.) Today is also the deadline for filing your federal employer tax returns (Form 941 or 944 as well as Form 940). Find forms and instructions at the IRS website.
Be sure to get your copy of the 2015 edition of my tax books, J.K. Lasser’s Small Business Taxes 2015 and 1001 Deductions and Tax Breaks. Available on Amazon now!