October News To Know

October marks the start of the 4th quarter, which means the end of the year is just around the corner. Please note, if you filed an extension and have not sent us all your information for 2022, please do so ASAP. The deadlines are just a few days away, and we need your information to finalize your 2022 tax returns. As a reminder, here are the final dates in 2023 for filing 2022 taxes: 

• 1040 (Individuals): October 16 
• 1040–Schedule C (Sole Proprietors and single-owner LLCs): October 16 
• 1120 (C Corporations): October 16 
• 990 (calendar year): November 15 

While we are busy finalizing the last remaining extensions, we are also starting to schedule year-end meetings with clients. If you’d like to get ahead of the game and set up your end-of-year meeting, please reach out to your CJBS team member today. October and November are the perfect time to assess 2023 performance and utilize any tax opportunities to optimize your financial situation before the year ends, such as an HSA. Please see the article linked here for more information.

Thinking about your year-end tax planning strategies now can help you minimize your tax burden and improve your financial health. As always, we are here to help. If you have any questions, please reach out to your CJBS team member today. 

Stay safe & healthy,

The CJBS Team