1 Down, 5 To Go
January 31st is finally gone! The following items were due on January 31st:
W-2′s
1099′s
941′s, plus payments for those less than $2,500 in payroll taxes for the quarter. You have until Feb. 10th to actually file the 941 if you made your deposits on time. The payment, however, is due by Jan. 31st.
940′s, plus payments. You have until Feb. 10th for this as well, if you made the payments on time. If you owe more than $500, chances are you should have made a deposit during the year. The payment is due by Jan. 31st.
State Unemployment Taxes
There are six primary days a year that cause stress for tax and accounting professionals.
They are:
January 31st
February 28th
March 15th
April 15th
September 15th
October 15th
There are others as well. But, those are my six.
Now we can move on to bigger and better things. Like preparing tax returns!
There Is Still Time!
Image by Aranami via Flickr
- Mortgage/Loan Payments
- Rent
- Charitable Donations
- Business Gifts
- Pay Contractors
There is a longer list here: Santa’s Year End Business Tax Tip’s and also Should You Borrow Money To Increase Year-End Expenses
Happy New Year!
