The resources of a large firm, with the personal attention of a small practice.
Employers must file their copies of Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, with the Social Security Administration by January 31. The January 31 deadline also applies to certain Forms 1099-MISC, Miscellaneous Income, filed with the IRS to report non-employee compensation to independent contractors. This deadline helps the IRS fight tax fraud by making it easier to verify income reported on individual tax returns.
Brokerage account 1099s should be postmarked by February 15, 2024, according to the Internal Revenue Service (IRS). The 1099 mailing deadline changed starting with the 2008 tax year. The timing of your 1099 is dependent upon the trading activity and types of securities in your portfolio. How you receive your 1099 (via US postal service or email), is based on the method you chose.
Clients should expect to receive multiple tax documents for 2023 filings: tax documents from TD Ameritrade for activity that occurred prior to the transition to Schwab and documents from Schwab for activity that occurred after the transition that took place over Labor Day weekend 2023.
At Hershey Financial Advisers, LLC we understand the many concerns individuals and families face as they prepare for retirement, whether that is five or fifteen years away. Our goal is to help clients feel confident about their future and pursue their vision of a comfortable retirement. Through our comprehensive approach, we develop customized retirement strategies that address clients’ individual needs and goals, both short and long-term.
Retirement is a significant milestone in one’s life. Our mission is to help make that transition more manageable and less stressful by building a personalized retirement strategy and offering ongoing support, unbiased advice, and objective guidance. Start preparing for tomorrow’s retirement today by contacting us to learn more or to set up a commitment-free introductory meeting.
We create strategies tailored to your goals.
Without any conflicts of interest we put your needs first.
We enjoy building trusted relationships that span generations.