2016 FBAR is due on 4/18/17 - same due date as 1040: Read more here: https://www.fincen.gov/news/news-releases/new-due-date-fbars-0 Immediate Release: December 16, 2016 The new annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts is April 15. This date change was mandated by the Surface Transportation and Veterans Health Care Choi...
The IRS says it will start accepting e-filed returns for the 2016 tax year on January 23, 2017. But, refunds on early returns with additional child or earned income credits will be delayed until after Feb 15. Practitioners can remind their clients to use the “Where’s My Refund” link at http://www.irs.gov to track their refunds....
The IRS has released its standard mileage allowance for 2017. IRS Notice 2016-79 says that for the 2017 tax year, the standard mileage rate is 53.5 cents per mile; the medical travel rate is 17 cents per mile; the rate for charitable-related travel remains 14 cents per mile. https://www.irs.gov/pub/irs-drop/n-16-79.pdf Notice 2016-79 The standard mileage rate for transportation or trave...
