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DKC Accounting News

Below you will find timely news and information about DKC Certified Public Accountants and relevant tax planning and tax litigation updates.

Featured Article

How to Save the 3.8% Net Investment Income Tax on Certain Installment Sales

For taxpayers whose Adjusted Gross Income (AGI) exceeds a certain level, investment income is subject to Net Investment Income Tax (NIIT) of 3.8%. NIIT is reported on Form 8960. Investment income includes taxable income from interest, dividends, annuities, net gain or loss from disposal of property and other passive income.

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News from DKC

How to Save the 3.8% Net Investment Income Tax on Certain Installment Sales

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Calendar

9/15/2020

Corporations: File 2019 form 1120 and 1120S if extended

Corporations: File third quarter estimated tax for C-Corporations

Partnerships: File 2019 form 1065 or 1065-B if extended

Individuals: File third quarter estimated tax

Individuals: City third quarter estimated payment due

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