{"id":7360,"date":"2016-11-09T13:25:40","date_gmt":"2016-11-09T19:25:40","guid":{"rendered":"https:\/\/digitalblogs.wpengine.com\/?p=7360"},"modified":"2019-09-30T18:53:41","modified_gmt":"2019-09-30T23:53:41","slug":"new-deadlines-new-penalties-why-your-end-of-year-tax-planning-starts-now","status":"publish","type":"post","link":"https:\/\/www.cainwatters.com\/digitalblogs\/new-deadlines-new-penalties-why-your-end-of-year-tax-planning-starts-now\/","title":{"rendered":"Part 2: Why Your End-of-Year Tax Planning Starts Now."},"content":{"rendered":"<p>Part 1<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/AhqwHgXD3_0\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>NEW: Part 2<br \/>\n<iframe src=\"https:\/\/www.youtube.com\/embed\/8b1k9lcTLBo\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Reminder: NEW CHANGES TO FORM 1099 FILING DEADLINES &amp; PENALTIES<\/h3>\n<p>As a reminder, effective for the 2016 tax filing year, the due date and the penalties regarding filing of Forms 1099 have been changed, and the penalties for noncompliance have increased.<\/p>\n<p><strong>New filing date:<\/strong><br \/>\nThe new deadline for Forms 1099 for year 2016 is on or before January 31, 2017, one month earlier than previous years.<\/p>\n<p><strong>Read more about increased penalties for late filing: <\/strong><br \/>\n<span style=\"color: #ff0000; text-decoration: underline;\"><a style=\"color: #ff0000;\" href=\"https:\/\/www.irs.gov\/government-entities\/federal-state-local-governments\/increase-in-information-return-penalties-2\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.irs.gov\/government-entities\/federal-state-local-governments\/increase-in-information-return-penalties-2<\/a><\/span><\/p>\n<p>Please contact your financial advisor for questions regarding filing deadlines and penalties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Part 1 NEW: Part 2 Reminder: NEW CHANGES TO FORM 1099 FILING DEADLINES &amp; PENALTIES As a reminder, effective for the 2016 tax filing year, the due date and the penalties regarding filing of Forms 1099 have been changed, and the penalties for noncompliance have increased. New filing date: The new deadline for Forms 1099 [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":7364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_ppma_block_editor_authors":""},"categories":[16],"tags":[],"ppma_author":[48],"class_list":["post-7360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-digital-news-feature"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Part 2: Why Your End-of-Year Tax Planning Starts Now. - Cain Watters Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cainwatters.com\/digitalblogs\/new-deadlines-new-penalties-why-your-end-of-year-tax-planning-starts-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Part 2: Why Your End-of-Year Tax Planning Starts Now. - Cain Watters Blog\" \/>\n<meta property=\"og:description\" content=\"Part 1 NEW: Part 2 Reminder: NEW CHANGES TO FORM 1099 FILING DEADLINES &amp; PENALTIES As a reminder, effective for the 2016 tax filing year, the due date and the penalties regarding filing of Forms 1099 have been changed, and the penalties for noncompliance have increased. 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