Just a reminder….
Upcoming Important Deadlines-
January 16th:
– 4th Quarter 2017 Estimated Tax Payment Deadline – If you did not pay 2017 income tax through withholding you must pay your final installment of 2017 estimated tax with Form 1040-ES: Estimated Tax for Individuals. If you plan on filing your return and paying the tax due by January 31, you can disregard this deadline.
– Payroll Tax Deposits Due – If you had more than 12k in Payroll in 4th quarter (for you and/or your employees in total) your 2017 payroll tax deposit is due if you’re not on a semiweekly deposit schedule. (S-Corp owners pay attention to this). Make sure to open your emails from our Payroll Service Team if you are using our service!
January 31st:
– 1099 Forms Must be Issued – Give Form 1099 information statements to the recipients of certain payments you made for services during 2017. This can include independent contractor compensation, interest on seller financed mortgages, rent, professional services fees, real estate transactions, profit-sharing and pension plan distributions. If you need help with 1099’s, please call our Bradenton office at 941-708-5300 or Ellenton office at 941-722-0470.
– ALL Payroll Tax Reports Due – Issue W-2 forms to all Employee, and File Form 941 (payroll tax) and 940/944 (unemployment tax) for the 2017 tax year, and don’t forget any State Forms. If you are currently a payroll client, we will be automatically preparing these forms for your signature and contact you directly.
Happy Filing!!
www.ataxshelter.com