Running a small business is cumbersome. The last thing a business owner needs is to keep a tax calendar. However, to not know some of the small business tax deadlines can be costly. Check out the IRS site https://www.tax.gov/calendar/ for a complete calendar by month for all of your tax needs. For example:
| Thu | 3 | Deposit payroll tax for payments on Dec 26-28 if the semiweekly deposit rule applies. |
| Fri | 4 | Deposit payroll tax for payments on Dec 29 – Jan 1 if the semiweekly deposit rule applies. |
| Wed | 9 | Deposit payroll tax for payments on Jan 2-4 if the semiweekly deposit rule applies. |
| Thu | 10 | Employers: Employees are required to report to you tips of $20 or more earned during Dec 2012 |
| Fri | 11 | Deposit payroll tax for payments on Jan 5-8 if the semiweekly deposit rule applies. |
| Tue | 15 | Individuals: Pay the final installment of your 2012 estimated tax. Use Form 1040-ES. |
| Tue | 15 | Farmers and fishermen: Pay your estimated tax for 2012. Use Form 1040-ES. |
| Tue | 15 | Employers: Deposit payroll tax for Dec 2012 if the monthly deposit rule applies. |
| Wed | 16 | Deposit payroll tax for payments on Jan 9-11 if the semiweekly deposit rule applies. |
| Fri | 18 | Deposit payroll tax for payments on Jan 12-15 if the semiweekly deposit rule applies. |
| Thu | 24 | Deposit payroll tax for payments on Jan 16-18 if the semiweekly deposit rule applies. |
| Fri | 25 | Deposit payroll tax for payments on Jan 19-22 if the semiweekly deposit rule applies. |
| Wed | 30 | Deposit payroll tax for payments on Jan 23-25 if the semiweekly deposit rule applies. |
| Thu | 31 | File Form 720 for the fourth quarter of 2012. |
| Thu | 31 | Furnish Forms 1098, 1099 and W-2G to recipients for certain payments during 2012. Furnish Form W-2 to employees who worked for you during 2012. |
| Thu | 31 | File Form 730 and pay the tax on wagers accepted during Dec 2012. |
| Thu | 31 | Deposit any FUTA tax owed through Dec 2012. |
| Thu | 31 | File Form 2290 and pay the tax for vehicles first used in Dec 2012. |
| Thu | 31 | Files Forms 940, 941, 943, 944 and/or 945 if you did not deposit all taxes when due. |
| Thu | 31 | File your tax return if you did not pay your last installment of esimated tax by January 15th |
Check the appropriate boxes on the site to taylor it to your needs. Whether a small business or individual, always check with your tax advisor if unsure about any tax issue.
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IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements imposed by the U.S. Department of the Treasury and Internal Revenue Service, we inform you that any tax advice contained in this e-mail (including any attachments) is not intended or written to be used, and may not be used, for the purpose of (a) avoiding penalties under the Internal Revenue Code or state tax authority, or (b) promoting, marketing, or recommending to another party any transaction or matter addressed herein.