Monthly Archives: April 2014

2014 Quarterly Estimated Payments

Quarterly estimated payment due dates:

    • 1st Quarter Payment due on:  04-15-14
    • 2nd Quarter Payment due on:  06-16-14
    • 3rd Quarter Payment due on:  09-15-14
    • 4th Quarter Payment due on:  01-15-15

How to make your payments:

If your 2013 returns are currently complete, read here:

If we have completed your 2013 tax returns your estimated tax payments have already been calculated. You will need to log in to your myBBDPass account to access this information.

How much do I pay and how do I print my coupons?  Login to myBBDPass go to our website at www.biz-by-design.com.

Personal FolderYour 2013 Tax Return is located under your personal name in the Document Presentation folder (see image).  Click on folder labled “Tax Returns”, then the folder labled “12-31-13”

Please follow the Filing Instructions that are included with your return. The instructions indicate the amount to pay and where to mail the payments and coupons.

NOTE: If your estimated payments have been set up for automatic withdrawals, you will not need to mail in a payment.  Your filing instructions will indicate whether you need to write a check or if you are setup for automatic payments. Please note the amount and make sure the funds will be available in your PERSONAL bank account on 4/15.

If you have any questions or cannot locate your payment coupons, please email your accountant in charge or generalquestions@biz-by-design.com.

Business by Design has NOT completed my 2013 Tax Returns yet:

If your 2013 return is not complete yet, we HAVE NOT calculated your 2014 estimated payments.

If you think you will need to make a tax payment or want to make a payment, please email your accountant in charge or generalquestions@biz-by-design.com.

April 15th Deadline – REMINDERS!

As the 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 2013, 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 2013

Your 2013 HSA contribution needs to be funded by 4/15/14.  The max contribution for a family plan is $6,450.  The max contribution for an individual plan is $3,250.  If you are 55+, you can add an additional $1,000 to your contribution.  This contribution can not be extended with a personal tax extension.

NOTE:  You would need to have had the plan opened up in 2013 to make a contribution for 2013.

IRA’s and ROTH IRA’s for 2013 – Personal Contributions

IRA Contributions for 2013- The max IRA contribution is $5,500.   If you are 50 and older, you can an additonal $1,000.   The IRA must be opened and funded by 4/15/14.  This contribution can not be extended with a personal tax extension.

ROTH IRA Contributions for 2013:   The max ROTH IRA contribution is $5,500.   If you are 50 and older, you can an additonal $1,000.   The IRA must be opened and funded by 4/15/14.  This contribution can not be extended 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.

How to access your myBBDPass Account

Your private account, safe and secure.myBBDPass Logo - Transparent-small

All copies of your returns and any relevant tax documents will be provided via your secure online account (myBBDPass).  This account allows you to have  24/7 access to all your relevant tax information and documents.  You can access this account & can view or download this information as needed from any device.

For detailed log-in instructions, please click here:

myBBDPass Log-in Instructions

Access with Smartphone or Tablet?Net Client Image

You can access your account with any device.  You can download the app “Net Client CS” for your Apple or Android device.  See instructions in this post for more information.