Due Date Reminders

Due Date Reminders – Individual

September 2010September 1 – 2010 Fall and 2011 Tax Planning

Contact this office to schedule a consultation appointment.

September 10 – Report Tips to Employer

If you are an employee who works for tips and received more than $20 in tips during August, you are required to report them to your employer on IRS Form 4070 no later than September 10. Your employer is required to withhold FICA taxes and income tax withholding for these tips from your regular wages. If your regular wages are insufficient to cover the FICA and tax withholding, the employer will report the amount of the uncollected withholding in box 12 of your W-2 for the year. You will be required to pay the uncollected withholding when your return for the year is filed.

September 15 – Estimated Tax Payment Due

The third installment of 2010 individual estimated taxes is due.

 

Due Date Reminders – Business

September 2010September 1 – 2010 Fall and 2011 Tax PlanningContact this office to schedule a consultation appointment.File a 2009 calendar year income tax return (Form 1120 or 1120-A) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension.File a 2009 calendar year income tax return (Form 1120S) and pay any tax due. This due date applies only if you requested an automatic 6-month extension.Deposit the third installment of estimated income tax for 2010 for calendar year corporations.If the monthly deposit rule applies, deposit the tax for payments in August.If the monthly deposit rule applies, deposit the tax for payments in August.File a 2009 calendar year return (Form 1065). This due date applies only if you were given an additional 5-month extension. Provide each partner with a copy of K-1 (Form 1065) or a substitute Schedule K-1.File a 2009 calendar year return (Form 1041). This due date applies only if you were given an additional 5-month extension. If applicable, provide each beneficiary with a copy of K-1 (Form 1041) or a substitute Schedule K-1.

September 15 – Corporations

September 15 – S Corporations

September 15 – Corporations

September 15 – Social Security, Medicare and withheld income tax

September 15 – Nonpayroll Withholding

September 15 – Partnerships

September 15 – Fiduciaries of Estates and Trusts