News

OBFM changed its name!

Oto Bailey Fukumoto Mishima, Inc. (OBFM) is now OBFM Accountants, Inc.

2016 tax returns – new due dates!

The following are due dates for upcoming 2017 tax filing season: Form 1040, U.S. Individual Income Tax Return Due Date: April 15 Extended Due Date: October 15 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR) Due Date: … Continue

College Access Tax Credit

College Access Tax Credit can be claimed by individual and corporate taxpayers who make cash donations to the College Access Tax Credit Fund in 2015 and 2016. The College Access Tax Credit Fund was created to provide urgently needed funds … Continue

Summary of Required Documents for Your Charitable Donations

Cash Contributions (in general) Cash contributions include those paid by cash, check, electronic funds transfer, debit card, credit card, or payroll deduction. As a general rule, for a contribution of cash, regardless of amount, you must maintain either bank record … Continue