Calendar

News Headlines

•	1099 requirements
•	IRS to scrap “high-low” simplified per-diem rates for business travel
•	2011 FUTA tax complicated by expired surtax & uncertain unemployment tax credits
•	FEDERAL UNEMPLOYMENT TAX REVISION
•	Increase in Standard Mileage Rate from July through December 2011
•	Potential FUTA (Federal Unemployment) Rate Change effective July 1, 2011
•	President Signs Repeal of Expanded 1099 Requirements
•	SENATE PASSES 1099 REPEAL AMENDMENT

Upcoming Events & Important Dates

Some important upcoming dates, deadlines, etc relating to taxes and other business filings.

Form Type	Form #	1st Due	1st Ext	2nd Ext	3rd Ext
Federal
Individual Income Tax Return*	1040	4/15	10/15	n/a	n/a
Partnership Income Tax Return	1065	4/15	9/15	n/a	n/a
Calendar year end S-Corp Income Tax Return C-Corp Income Tax Return	1120S	3/15	9/15	n/a	n/a
Fiscal Year End C-Corp Income Tax Return S-Corp Income Tax Return	1120	15th of 3rd month	6 months	n/a	n/a
Tax-Exempt Income Tax Return	990/990-T	5/15 or 15th of 5th mo.	3 months	n/a	n/a
Private Foundations Informational Return	990-PF	5/15 or 15th of 5th mo.	3 months	n/a	n/a
Misc Income	1096/1099	1/31	n/a	n/a	n/a
Trust and Estates	1041	04/15	10/15	n/a	n/a

State(Ohio)
Individual Income Tax Return	IT - 1040	4/15	10/15	n/a	n/a
FT1120	1/31	3/31	5/31	10/15
Local
Individual Income Tax Return	Varies	4/15	10/15	n/a	n/a
Partnership Income Tax Return	Varies	4/15	9/15	n/a	n/a
S-Corp Income Tax Return	Varies	3/31	9/15
C-Corp Income Tax Return	Varies	3/31	9/30	n/a	n/a

*Except Farmers and Fishermen which are due January 15th. City extends 45 days.

**After 1/1/09 partnership returns for 1065 will be due 9/15 in addition after 1/1/09 Trust & Estate returns are due 09/15.

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Deimling Forbes & Associates, Inc.

Certified Public Accountants

8800 Tyler Blvd., Mentor, Ohio 44060

P: 440.951.1777 ٠ F: 440.951.2143