Q3 Tax Calendar: Tax Deadlines for Businesses
Although you might want to enjoy the lazy days of summer, employers and businesses should be careful not to miss these third quarter 2021 tax deadlines.
Jon joined Lumsden McCormick with twenty-five years of experience in the area of auditing, financial statement reviews, tax return preparation and compliance, and consulting services with a primary focus on commercial businesses, manufacturing and distribution, real estate, and employee benefit plans.
State University of New York at Fredonia, Bachelor of Science, Accounting
Binghamton University, Master of Science, Accounting
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Knights of Columbus, Cheektowaga, Member
Rotary Club of Batavia, Member
Jon is one of 13 children, with two younger brothers, five older sisters, and five older brothers. He has Bills and Bisons season tickets and was an avid movie goer prior to the pandemic.
The executive branch is looking to increase revenue for the IRS. Translation: expect to see an increase in the number of IRS audits being performed, including industries not traditionally targeted.Learn More
The accounting for leases is changing significantly. The required implementation of FASB ASC 842 will mandate that most leases are included on the balance sheet as a right-of-use asset, with a corresponding lease liability. The new standard will impact nearly all commercial businesses and nonprofit organizations and is effective for annual reporting periods beginning after December 15, 2021.Learn More