Have you filed your federal tax return and then discovered a mistake? You might need to file an amended tax return. Then again, you might not. Here's what you need to know.
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Tax planning is the process of looking at various tax options in order to determine when, whether, and how to conduct business and personal transactions to minimize or even eliminate your tax bill.
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Deducting Travel and Entertainment Expenses

TAX DUE DATES 

Employees who work for tips - If you received $20 or more in tips during May, report them to your employer. You can use Form 4070.

Individuals - If you are a U.S. citizen or resident alien living and working (or on military duty) outside the United States and Puerto Rico, file Form 1040 and pay any tax, interest, and penalties due. (U.S. citizens living in the U.S. should have paid their taxes on April 18.) If you want additional time to file your return, file Form 4868 to obtain 4 additional months to file. Then file Form 1040 by October 16. However, if you are a participant in a combat zone, you may be able to further extend the filing deadline.

Individuals - Make a payment of your 2017 estimated tax if you are not paying your income tax for the year through withholding (or will not pay enough tax that way). Use Form 1040-ES. This is the second installment date for estimated tax in 2017.

Corporations - Deposit the second installment of estimated income tax for 2017. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.

Employers - Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments in May.

Employers - Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in May.