Tax related

February 10 - Non-Payroll Taxes File Form 945 to report income tax withheld for 2013 on all non-payroll items. This due date applies only if you deposited the tax for the year in full and on time. February 10 - Social Security, Medicare and Withheld Income Tax File Form 941 for the fourth quarter of 2013. This due date applies only if you deposited the tax for the quarter in … [Read more...] about February 2014 Business Due Dates

January 15 - Employer’s Monthly Deposit Due If you are an employer and the monthly deposit rules apply, January 15 is the due date for you to make your deposit of Social Security, Medicare and withheld income tax for December 2013. This is also the due date for the nonpayroll withholding deposit for December 2013 if the monthly deposit rule applies. Employment tax deposits … [Read more...] about January 2014 Business Due Dates

2014 will be a challenging tax year for businesses and higher-income taxpayers. The following issues are concerns that may impact you and your company’s tax liability in the new year. Small Business Health Insurance Credit – The tax credit to small employers (25 or fewer equivalent full-time employees) that provide an affordable health insurance plan for their employees and … [Read more...] about 16 Tax Issues Facing Small Business Owners in 2014

December 16 - Social Security, Medicare and Withheld Income Tax If the monthly deposit rule applies, deposit the tax for payments in November. December 16 - Nonpayroll Withholding If the monthly deposit rule applies, deposit the tax for payments in November. December 16 - Corporations The fourth installment of estimated tax for 2013 calendar year corporations is … [Read more...] about December 2013 Business Due Dates