Wells Fargo Small Business Roundup

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DOL Gears Up for Small Business

An Alternative to AMT?

Proactive Tax Planning

Streamlining Cash Flow

Building Relationships with Blogs

Controlling the Variables

Keeping Up with the Ks

Spend More Time on Your Business and Less Time on Taxes

Spend More Time on Your Business and Less Time on Taxes

Wells Fargo Business Online^®Banking can help you and your business with tax preparation – saving you valuable time, so you have more time for managing your business.

Tax Information at Your Fingertips

Business Online Banking gives you FREE and secure access to a wide range of services designed to save you time and make business tax payment easy.

View, print and download statements, images of checks and important tax information online, such as copies of your 1099-INT and 1099R
Download transaction information for use with most popular business accounting software
Access year-to-date and annual summary reports with the Business Spending Report

In addition, our Returned Item & Deposit Details service gives you the ability to view, print and download details and images of returned items and deposits¹.

Business Tax Payments Made Easy

As a Business Online Banking customer, you can also access the WellsTAX^® service to make business tax payments at your convenience – anytime, anywhere you have Internet access. The WellsTAX service is an easy and secure way to pay federal, state and many local business taxes – and all payments made on a business day by 3PM Pacific Time will be credited the following business day.

The service costs just $3 per payment and there are no enrollment fees or monthly service charges.

Simply follow these 3 easy steps to enroll for the WellsTAX service:

Sign on to Wells Fargo Business Online Banking
Go to the Transfers & Payments tab
Select Enroll in WellsTAX

Not a Wells Fargo Business Online Banking customer? Enroll today!

Go to wellsfargo.com/biz and click Enroll Now under View Your Accounts
Enter your Social Security Number (required for initial enrollment only), Business Account Number, ATM PIN and E-mail Address.
Click Continue and create a Password and Username.

Save On TurboTax^® Tax Preparation Software

Wells Fargo business customers are eligible to receive a special 15% discount on TurboTax Home & Business tax preparation software. TurboTax Home & Business is the right choice for small business owners, consultants, freelancers, 1099 contractors and sole proprietors. TurboTax:

Asks easy questions based on your business profile
Maximizes your personal and business deductions
Checks for errors and decreases your risk of an audit

Easily complete your personal and business taxes with TurboTax Home & Business – now 15% off. Take advantage of this special offer now.

Reminders
(Adobe^® Reader^® version 4.05 or later needed to view forms.)

March 31

Electronic filing of Forms 1098, 1099 and W-2G. File Forms 1098, 1099, or W-2G with the IRS. This due date applies only if you file electronically (not by magnetic media). The due date for giving the recipient these forms remains January 31. For information about filing Forms 1098, 1099, or W-2G electronically, see Publication 1220, Specifications for Filing Forms 1098, 1099, 5498 and W-2G Electronically or Magnetically.

April 15

File a 2007 calendar year return (Form 1065). Provide each partner with a copy of Schedule K-1 (Form 1065), Partner's Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1. If you want an automatic six-month extension of time to file the return and provide Schedule K-1 or a substitute Schedule K-1, file Form 7004. Then, file Form 1065 by October 15.

April 30

File Form 720, Quarterly Federal Excise Tax Return, for the first quarter of 2008.
File Form 941, Employer's Quarterly Federal Tax Return, for the first quarter of 2008

Note
The IRS now provides PDFs of certain forms (e.g., W-2 and W-3)—filed with the Social Security Administration (SSA)—for informational purposes only. Copy A appears in red, similar to the official printed IRS form, but do not file Copy A downloaded from the site with the SSA. A penalty of $50 per information return may be imposed for filing forms that can't be scanned.

To order official IRS forms, call 1-800-TAX-FORMS (1-800-829-3676) or order online at Forms and Publications by U.S. Mail. You may file these forms electronically on the SSA's website at Employer Reporting Instructions & Information. You can create fill-in versions of these forms for filing with the SSA. You may also print out copies for filing with state or local governments, distribution to your employees, and for your records.

¹ Effective until April 4, 2008, Returned Item & Deposit Details is $3.00 per calendar month for each account. The fee is charged only if the service is used in a calendar month. The monthly service fee provides unlimited access to the service by all authorized account users during that calendar month. Starting on April 4, 2008, Returned Item & Deposit Details will cost $3.00 per billing cycle, for each account and will include unlimited use. The billing cycle will begin on the 24th of each month. The fee is charged only if the service is used within the billing cycle.