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Upcoming Tax Deadlines

Monday, October 31, 2011

Employers – Social security, Medicare, and withheld income tax. File Form 941 for the third quarter of 2011. Deposit or pay any undeposited tax under the accuracy of deposit rules. If your tax liability is less than $2,500, you can pay it in full with a timely filed return. If you deposited the tax for the quarter in full and on time, you have until November 10 to file the return.
Certain Small Employers – Deposit any undeposited tax if your tax liability is $2,500 or more for 2011 but less than $2,500 for the third quarter.
Employers – Federal unemployment tax.Deposit the tax owed through September if more than $500.

Tuesday, November 1, 2011

Employers – Income tax withholding. Ask employees whose withholding allowances will be different in 2012 to fill out a new Form W-4 or Formulario W-4(SP). The 2012 revision of Form W-4 will be available on the IRS website by mid-December.

Thursday, November 10, 2011

Employees who work for tips – If you received $20 or more in tips during October, report them to your employer. You can use Form 4070.
Employers – Social security, Medicare, and withheld in come tax. File Form 941 for the third quarter of 2011. This due date applies only if you deposited the tax for the quarter in full and on time.

Tuesday, November 15, 2011

Employers – Social security, Medicare, and withheld income tax.If the monthly deposit rule applies, deposit the tax for payments in October.
Employers – Nonpayroll withholding.If the monthly deposit rule applies, deposit the tax for payments in October.

Monday, December 12, 2011

Employees who work for tips – If you received $20 or more in tips during November report them to your employer. You can use Form 4070.

Thursday, December 15, 2011

Corporations – Deposit the fourth installment of estimated income tax for 2011. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
Employers – Social security, Medicare, and withheld income tax.If the monthly deposit rule applies, deposit the tax for payments in November.
Employers – Nonpayroll withholding.If the monthly deposit rule applies, deposit the tax for payments in November.