In this issue: Planning can trim taxes on your investments Retirement funds: What you need to know about required withdrawals Give your business an annual checkup to keep it healthy and profitable The big question: Save for your children's education or your retirement? Tax Talk Mark Your Calendar

Tax deadlines

JANUARY

15 — Due date for the fourth installment of 2007 estimated tax.

31 — Employers must furnish W-2 statements to employees. 1099 information statements must be furnished by banks, brokers, and other payers.

31 — Employers must file 2007 federal unemployment tax returns and pay any tax due.

FEBRUARY

28 — Payers must file information returns (such as 1099s) with the IRS.*

29 — Employers must send W-2 copies to the Social Security Administration.*

MARCH

3 — Farmers and fishermen who did not make 2007 estimated tax payments must file 2007 tax returns and pay taxes in full.

17 — Deadline for calendar-year corporations to elect S status for 2008.

17 — 2007 calendar-year corporation income tax returns are due.

* March 31 if filing electronically.

©copyright 2007