Skip to content

Narrow screen resolution Wide screen resolution Auto adjust screen size Increase font size Decrease font size Default font size default color brick color green color
You are here:Home arrow Tax
Tax
Do Your 1040 PDF Print E-mail
Contact us and we can e-mail you a fully interactive questionaire. We will need your name(s), address, and social security number(s) in order to generate it.

For more information, Ask Steve.
 
Tax PDF Print E-mail
Steven W. Schnur CPA is pleased to be able to offer you help and advice in meeting your tax filing requirements. If you are comfortable preparing the returns yourself and just need a quick question answered, feel free to ask a question that will be answered by email. If you require professional assistance we will be happy to meet that need as well. Please fill out the form for the type of assistance that you require and we will contact you to arrange price quote and to get the necessary documents in order. Whatever your needs, large or small we are here to help you.

For more information Ask Steve.

Here are some quick definitions of various returns:

  • 1040 for Individual Personal tax returns - Need to be filed by each taxpayer by April 15th or later if an extension is filed. Filing can be either on paper or electronically. Simple returns can be prepared using home programs but more complex returns should be prepared professionally. We file all 1040's electronically at no additional cost.
  • 1120 for Corporations - Due 2 1/2 months after the end of the corporations year or later if an extension is filed. Special rules for Subchapter S Corporations. These should be prepared professionally since there are many pitfalls, especially for Sub-S corporations.
  • 1065 for Partnerships - Due 3 1/2 months after the end of the year, or later if an extension is filed. A partnership must use the year end of the majority of its partners. If the partners are all individuals that means December 31. A Partnership return should be prepared professionally.
  • 1041 for Trusts - Due 3 1/2 months after the end of the year or later if an extension is filed. Trusts usually use a December 31st end of the year unless it was created as part of an estate. These should be prepared professionally.
  • 990 for Non-Profit Organizations - Due 4 1/2 months after the end of the year or later if an extension is filed. If Gross Receipts are less than $25,000 per year then no return is required. A Non-Profit Organization MUST meet government guidelines and apply for a Tax-exempt status. Unrelated business income IS taxable. These should be prepared professionally.
  • 709 for Gift taxes - Due at the same time as your individual income taxes if gifts exceed $11,000.00 per year per individual from either spouse. Relatively easy but there are pitfalls. There is no tax until your lifetime taxable gifts exceed $1,000,000, but you will have to file returns once you exceed the annual exclusion.
  • 706 for Estates - Due if net assets of decedent exceeds the current threshold of $1,500,000 ($2,000,000 in 2006) after deducting amounts passing to spouse (if any). An attorney WILL be required if you have property that needs to have title transferred to the heirs. If due, this form should be prepared professionally.