Monthly Archives: March 2013

April 15th Deadlines – Quick Reminders!

As the dreaded April 15th tax deadline approaches, here are a few reminders.

TAX RETURNS vs. TAX PAYMENTS – What is due?

Your tax payment is due by April 15th.  Your tax return does not have to be filed by 4/15 as long as we have filed an extension.

If we have prepared your taxes in the past, and your taxes are not complete – rest assured, we have filed an extension for you, you do not need to do anything, or sign anything.

** IF YOU OWE TAXES — Your TAX PAYMENT is due by April 15th **

EXTENSION PAYMENTS:

If you would like to make a tax payment for April 15th, Please contact us ASAP.  We will be happy to help you with this.  If you had a tax review completed by us for 2012, please refer to the notes from that meeting for our instructions on what you will need to do by 4/15.

If you have questions, please email:  darrellynn@biz-by-design.  He can get your questions to  your accountant in charge.

HEALTH SAVINGS ACCOUNTS (HSA) for 2012

Your 2012 HSA contribution needs to be funded by 4/15/13.  The max contribution for a family plan is $6,250.  The max contribution for an individual plan is $3,100.  If you are 55+, you can add an additional $1,000 to your contribution.  This contribution can not be exteneded with a personal tax extension.

NOTE:  You would need to have had the plan opened up in 2012 to make a contribution for 2012.

IRA’s and ROTH IRA’s for 2012 – Personal Contributions

IRA Contributions – The max IRA contribution is $5,000.   If you are 50 and older, you can an additonal $1,000.   The IRA must be opened and funded by 4/15/13.  This contribution can not be exteneded with a personal tax extension.

ROTH IRA Contributions:   The max ROTH IRA contribution is $5,000.   If you are 50 and older, you can an additonal $1,000.   The IRA must be opened and funded by 4/15/13.  This contribution can not be exteneded with a personal tax extension.

NOTE:  The due date of 4/15 DOES NOT apply to SEP’s and 401K contributions.  Those contributions can be extened with the due date of the Personal or Corporation tax return.

MN Secretary of State Email

We wanted to notify you of an email you may have seen, or soon will see, from the Minnesota Secretary of State.

Please note this is an accurate email, and not spam. Receiving this email is your notification Business by Design has filed your annual registration for your Corporation or LLC for 2013. You do not need to reply or forward this email.

This email is automatically generated from the Minnesota Secretary of State’s office when we file your business annual registration.

To view sample email, click here:  MN SOS Filing Example – Annual Reg

Keep this email for your records only.  You do not need to forward or reply.

Announcing – 2013 BBD Rewards Program

Get 10% off your 2013 tax preparation costs.

Sign up for our BBD Rewards program and save.

Here are some of the program highlights:

  • 10% discount on your 2013 tax preparation costs.
  • Fixed Fee price quote for your 2013 tax preparation costs.
  • No more annual tax preparation invoices
  • Fee will be averaged over remaining months of 2013 – easy on cash flow

Please click here to view program details: BBD Rewards – 2013

Contact us if you would like a price quote or would like more information about the program.  BBD Rewards program will run from 3/1/3 to 7/15/13.