Internal Revenue Service - Common mistakes on tax returns

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IRS Notice 2007-35 provides guidance for taxpayers on avoiding common mistakes while preparing federal income tax returns. Link

Tax Calendar - Dates and Actions - March 2007 Link

Employer payroll deadlines (from Publication 509)

April 2

Electronic filing of Forms W-2
. File Copy A of all the Forms W-2 you issued for 2006. This due date applies only if you electronically file. The due date for giving the recipient these forms remains January 31.

Electronic filing of Forms W-2G. File copies of all the Forms W-2G you issued for 2006. This due date applies only if you electronically file (not by magnetic media). The due date for giving the recipient these forms remains January 31. For information about filing Forms W-2G electronically, see Publication 1220, Specifications for Filing Forms 1098, 1099, 5498 and W-2G Electronically or Magnetically.

Electronic filing of Forms 8027. File Forms 8027 for 2006. This due date applies only if you electronically file (not by magnetic media).

April 17

Social security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in March.

Household employers. If you paid cash wages of $1,500 or more in 2006 to a household employee, you must file Schedule H. If you are required to file a federal income tax return (Form 1040), file Schedule H with the return and report any household employment taxes. Report any federal unemployment (FUTA) tax on Schedule H if you paid total cash wages of $1,000 or more in any calendar quarter of 2005 or 2006 to household employees. Also, report any income tax you withheld for your household employees. For more information, see Publication 926 Household Employer's Tax Guide.

Internal Revenue Bulletin 2007-13, March 26, 2007 Link

Tax filing tips for 2007 Link

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