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March 14, 2007 - ICLUB News
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ICLUB Insider March 14, 2007

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Final State Forms Now Available for Club Tax Printers

The Final Forms for ICLUBcentral's 2006 State Club Tax Printers have been released, and are available for both Club Accounting 3.1 and Club Accounting Online for all 11 supported States: AZ, CA, CO, GA, MA, MD, MN, MO, NJ, NY, and PA. These Final Forms have been officially approved by the State tax agencies, and can be used to prepare and submit your club's State tax returns.

Final Forms for the Federal Tax Printer software were approved by the IRS and released on January 30. Final Forms for AZ, CA, GA, MA, MD, MN and MO were released on February 12. Final Forms for CO and NY were released on March 1. Final Forms for NJ were released on March 9. Final Forms for PA were released on March 14.

These and many other States require investment clubs to submit returns, and the penalties for failing to file are steep. If you or your treasurer have not already purchased your club's State (or Federal) Tax Printer software, visit the ICLUB Store today.

Taz Printer software can be purchased as either a download or as a pressed CD -- now shipping.

Club Accounting Online Tax Printers will be accessible under the Taxes tab on your website following purchase.

For help with ICLUBcentral's Club Accounting products, contact our Support team.

IRS Extends Tax Deadline

The IRS recently extended the deadline for filing Federal tax returns by two days -- instead of the usual April 15 deadline, your Federal filings (both for individual and investment club) are now due on April 17.

April 15 falls on a Sunday this year. Monday, April 16, is Emancipation Day and is an official holiday for the IRS offices in Washington, DC.

However, the schedule for State returns has been left to the discretion of the individual State agencies, and not all states have complied with the IRS's scheduling change. Your individual and investment club filings for your State may still be due on April 15.

For more information and a listing of amended State tax schedules, please visit the IRS website or contact the IRS.

ICLUB Looking For Writers

Fancy yourself a writer? Have a desire to share your knowledge with your fellow investors? ICLUBcentral is looking for freelancers interested in writing periodical-style articles on topics such as investing, accounting, investment clubs, and stock analysis.

The commitment won't be huge, but we promise you'll have fun. If you're interested, please email us for more information.

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