Tax Due Dates

The IRS and States set specific dates for paying taxes.  These dates will more important as your company grows.  As your company grows you will hire employees and generate greater revenues. 

As a result of this you will be required to withhold payroll taxes and make payments on a more frequent basis. 

As your revenue grows you will be required to estimate your annual tax burden and make multiple payments throughout the year.

Visit the IRS website for Busiensses and Self-Employed and utilize the calendar tools they  make available for you to track due dates.

You can also go straight to the IRS Tax Calendar.

These are some key due dates:

S-Corporation:
15 March - File & pay taxes due for the calendar year
30 April     -  File Employment/Payroll Tax Report (Form 941) for the first quarter
31 July       -  File Form 5500 or 5500-EZ for employee benefit plan
31 July       -  Deposit FUTA owed through June if more than $500
31 July       -  File Employment/Payroll Tax Report (form 941) for the second quarter
15 Sept      -  Deposit the 3rd installment of your current year estimated tax
15 Oct        -  File Employment/Payroll Tax Report (form 941) for the third quarter
31 Oct        -  Deposit FUTA owed through Sep if more than $500
31 Dec       -  Deposit the 4th installment of your current year estimated tax


Corporation:
15 March  -  File & pay taxes due for the calendar year
15 April     -  Deposit the first installment of your estimated tax
30 April     -  File Employment/Payroll Tax Report (Form 941) for the first quarter
16 June      -  Deposit the 2nd installment of your current year estimated tax
31 July       -  File Form 5500 or 5500-EZ for employee benefit plan
31 July       -  Deposit FUTA owed through June if more than $500
31 July       -  File Employment/Payroll Tax Report (Form 941) for the second quarter
15 Sep        - Deposit the 3rd installment of your current year estimated tax
15 Oct        -  File Employment/Payroll Tax Report (Form 941) for the third quarter
31 Oct        -  Deposit FUTA owed through Sep if more than $500
31 Dec       -  Deposit the 4th installment of your current year estimated tax

Sole Proprietor/Self-Employed:
15 January  -  Pay the final installment for prior year estimated tax
15 April       -  File taxes
15 April       -  Pay the 1st installment of current year estimated tax
16 June        -  Pay 2nd installment of current year estimated tax
15 Sep         -  Pay 3rd installment of current year esitmated tax