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.
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