Wells Fargo Small Business Roundup

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Quick Business Tips

Are HSAs Becoming Mainstream?

Avoiding Incorrect Self-Employed Retirement Deductions

Proactive Tax Planning

Take Credit for Your Business

Intelligence on Competitive Intelligence

The Added Protection of Umbrella Insurance Policies

The Right Way to Set Up Your Home Office

Hints and Reminders

Spend More Time on Your Business and Less Time on Taxes

Wells Fargo Business Online^® 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 such as copies of your 1099-INT and 1099R online
Access year-to-date and annual summary reports with the Business Spending Report with Budget Watch
Download transaction information for use with most popular business accounting software

In addition, our Returned Item & Deposit Details service gives you the ability to view, print and save images of returned items, deposit slips and deposited checks.¹

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 – online, anytime. The WellsTAX service is an easy and secure way to pay federal, state and many local business taxes – payments made on a business day by 3:00 pm Pacific Time will be received the next business day.

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

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

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

Not a Wells Fargo Business Online 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 Email Address.
Click Continue and create a Password and Username.

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

March 2

File Forms 1098 and 1099 for certain payments made during 2008.
File Form W-3 with Copy A of all Forms W-2 you issued in 2008.

March 16

Corporations: File Form 1120 or 1120A calendar year income tax return and Form 7004 (Automatic Extension) and deposit estimated tax.
S Corporations: File Form 1120S, 2008 calendar year income tax return. Provide shareholders a copy of Sch. K-1.
S Corporation elections: File Form 2553 for S Corporation status in calendar year 2009.

March 31

Electronically file Forms W-2, W-2G, 1098, 1099, and 8027.

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.