CURRENT EVENTS----updated January 18, 2011

Happy Tax Season from all of us at Gay & Joseph, CPA, P. C.

Office Hours January 17 until April 17, 2011 are 8:00AM until 6:00PM, Monday through Friday.

From April 18, 2011 until January 18, 2012 our office hours are 8:00AM until 5:00PM, Monday through Friday. We do not close for lunch. You can contact us by e-mail at anytime. See the Firm Contact Info page for staff members and their contact information.

Schedule for IRS tax return processing.  The IRS will not be ready to receive and process individual tax returns, Form 1040, until February 15, 2011. The IRS has to re-program their tax programs due to the legistlative changes to the tax laws at the end of 2010. 

Roth IRA Conversion Opportunities:  The Tax Increase Prevention and Reconciliation Act of 2005 changed tax legislation enabling new opportunities for Roth IRA conversions to take place in 2010 and future years. There are advertisements promoting these conversions in broad generalizations and they are hoping to capture your IRA conversion business. There are advantages and disadvantages of making the move from your IRA or 401(k) into Roth IRAs. Before you take action, consult a member of our staff to determine if a Roth IRA Conversion is right for you. There is more information  about this topic on the ARTICLES page of our web site.

               DUE DATES for 2010Calendar Year Returns
Corporation tax returns are due on March 15, 2011, and may be extended until September 15, 2011.
Individual tax returns are due April 18, 2011, and may be extended until October 17, 2011.
Partnership and Fiduciary tax returns are due April 18, 2011, and may be extended until September 15, 2011.
Nonprofit & Tax-Exempt Organization tax returns are due May 16, 2011, and may be extended until August 15, 2011.
Retirement Plan tax returns are due August 1, 2011, and may be extended until October 17, 2011.
 
          Job Opportunities with Gay & Joseph, CPA, P. C.
We have a job opportunity for an experienced CPA with a specialty in Tax. See our Job Opportunities page at this website, or contact Sidney@gjcpa.com.