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Our newly designed easy-to-remember schedules will help
you to remember the deadlines and mark the important dates in your
Microsoft Outlook Calendar.
Just click on the Calendar Icon against the date
that you would like to save. Click "Open" and a new Outlook
window will open the Calendar schedule. Press Save and you are all
set. Please contact us if you have any further questions or want
to schedule an appointment.
| January
2007 |
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All employers - Give your employees their
copies of Form W-2 for 2006 by January 31, 2007 |
January 03 |
Employers - Stop advance payments of the
earned income credit for any employee who did not give you a
new Form W-5 for 2007. |
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January 15 |
Employers:
Social Security, Medicare and withheld income tax.
If the monthly deposit rule applies, deposit the tax for payments
in December 2006.
Individuals:
Make a payment of your estimated tax for 2006 if you did not
pay your income tax for the year through withholding. This
is the final installment date for 2006 estimated tax. However,
you do not have to make this payment if you file your 2006
return and pay any tax due by January 31, 2007.
Employers - Non-payroll Withholding:
If the monthly deposit rule applies, deposit the tax for payments
in December 2006. |
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January 31 |
Employers: Federal unemployment tax.
File Form 940 (or 940-EZ) for 2006. If your un-deposited tax
is $100 or less, you can either pay it with your return or
deposit it. If it is more than $100, you must deposit it.
However, if you already deposited the tax for the year in
full and on time, you have until February 10 to file the return.
Employers: Social security, Medicare,
and withheld income tax. File Form 941 for the fourth quarter
of 2006. Deposit any un-deposited tax. (If your tax liability
is less than $2,500, you can pay it in full with a timely
filed return.) If you deposited the tax for the quarter in
full and on time, you have until February 10 to file the return.
Employers:
Non-payroll taxes. File Form 945 to report income tax withheld
for 2006 on all non-payroll items, including backup withholding
and withholding on pensions, annuities, IRAs, gambling winnings,
and payments of Indian gaming profits to tribal members. Deposit
any un-deposited tax. (If your tax liability is less than
$2,500, you can pay it in full with a timely filed return.)
If you deposited the tax for the year in full and on time,
you have until February 10 to file the return.
Employers:
Provide your employees their copies of Form W-2 for 2006.
Employers:
Provide annual information statements to recipients of 1099
payments made during 2006.
Individuals:
File your income tax return (Form 1040) for 2006 if you did
not pay your last installment of estimated tax by January
15 or the next business day. Filing your return and paying any tax due by January 31
prevents any penalty for late payment of last installment. |
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February 2007 |
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February 21 |
Employers:
Begin withholding income tax from the pay of any employee who
claimed exemption from withholding in 2006, but did not give
you a new Form W-4 to continue the exemption this year. |
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February 28 |
All businesses:
File information returns (Form 1099) for certain payments
you made during 2006. These payments are described under January
31. There are different forms for different types of payments.
Use a separate Form 1096 to summarize and transmit the forms
for each type of payment. See the 2006 Instructions for Forms
1099, 1098, 5498, and W-2G for information on what payments
are covered, how much the payment must be before a return
is required, what form to use, and extensions of time to file.
Employers:
File Form W-3, Transmittal of Wage and Tax Statements, along
with Copy A of all the Forms W-2 you issued for 2006. If you
file Forms W-2 electronically (not by magnetic media), your
due date for filing them with the SSA will be extended to
April 1. The due date for giving the recipient these forms
will still be January 31. |
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March 2007 |
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March 15 |
Employers – Non-payroll withholding:
If the monthly deposit rule applies, deposit the tax for payments
in February.
Employers - Social security, Medicare, and withheld income
tax. If the monthly deposit rule applies, deposit the tax
for payments in February.
Corporations:
File a 2006 calendar year income tax return (Form 1120 or
1120-A) and pay any tax due. If you want an automatic 6-month
extension of time to file the return, file Form 7004 and deposit
what you estimate you owe.
S corporations:
File a 2006 calendar year income tax return (Form 1120S) and
pay any tax due. Provide each shareholder with a copy of Schedule
K-1, Shareholder's Share of Income, Credits, Deductions, etc.,
or a substitute Schedule K-1. If you want an automatic 6-month
extension of time to file the return, file Form 7004 and deposit
what you estimate you owe.
Electing large partnerships:
Provide each partner with a copy of Schedule K-1, Partner's
Share of Income (Loss) From an Electing Large Partnership.
This due date is effective for the first March 15 following
the close of the partnership's tax year. The due date of March
15 applies even if the partnership requests an extension of
time to file the Form 1065-B by filing Form 8736 or Form 8800.
S corporation election:
File Form 2553, Election by a Small Business Corporation,
to choose to be treated as an S corporation beginning with
calendar year 2007. If Form 2553 is filed late, S treatment
will begin with calendar year 2007.
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April 2007 |
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April 02 |
Electronic filing of Forms 1098,
1099, and W-2G:
File Forms 1098, 1099, or W-2G with the IRS. This
due date applies only if you file electronically. Otherwise,
see February 28.
The due date to provide the recipient these forms will still
be January 31.
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April 16 |
Individuals:
File an income tax return for 2006 (Form 1040, 1040A, or 1040EZ)
and pay any tax due.
Individuals:
If you are not paying your 2007 income tax through withholding,
pay the first installment of your 2007 estimated tax.
Partnerships:
File a 2006 calendar year return. Provide each partner
with a copy of Schedule K-1, Partner's Share of Income, Credits,
Deductions, etc., or a substitute Schedule K-1. If you want
an automatic 3-month extension of time to file the return
and provide Schedule K-1, file Form 8736. Then file Form 1065
by July 15. If you need an additional 3-month extension, file
Form 8800.
Electing large partnerships:
File a 2006 calendar year return. If you want an
automatic 3-month extension of time to file the return, file
Form 8736. Then file Form 1065-B by July 15. If you need an
additional 3-month extension, file Form 8800. See March 15
for the due date for furnishing the Schedules K-1 to the partners.
Corporations:
Deposit the first installment of estimated income tax for
2007. |
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June 2007 |
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June 15 |
Individuals:
If you are a U.S. citizen or resident alien living
and working (or on military duty) outside the United States
and Puerto Rico, file Form 1040 and pay any tax, interest,
and penalties due. Otherwise, see April 15. If you want additional
time to file your return, file Form 4868 to obtain 2 additional
months to file. Then file Form 1040 by August 15.
Individuals:
Make a payment of your 2007 estimated tax if you
are not paying your income tax for the year through withholding.
This is the second installment date for estimated tax in 2007.
Corporations:
Deposit the second installment of estimated income
tax for 2007. A worksheet, Form 1120-W, is available to help
you estimate your tax for the year. |
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July 2007 |
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July 11 |
Employees who work for tips:
If you received $20 or more in tips during June,
report them to your employer. You can use Form 4070.
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July 16 |
Partnerships:
File a 2006 calendar year return (Form 1065). This due date
applies only if you were given an automatic 3-month extension.
Provide each partner with a copy of Schedule K-1 (Form 1065)
or a substitute K-1. If you need an additional 3-month extension,
file Form 8800.
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July 31 |
Pension Plans:
For Plans year ending December
31st, the last date to file form 5500 without an extension or
to file an extension form 5558. |
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August 2007 |
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August 10 |
Employees who work for tips:
If you received $20 or more in tips during July, report them
to your employer. You can use Form 4070.
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August 15 |
Individuals:
If you have an automatic 4-month extension to file your income
tax return for 2006, file Form 1040, 1040A, or 1040EZ and pay
any tax, interest, and penalties due. If you need an additional
2-month extension, file Form 2688. |
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September 2007 |
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September 17 |
Individuals:
Make a payment of your estimated tax if you are not paying
your income tax for the year through withholding. This is
the third installment date for estimated tax in the year.
Corporations:
File a 2006 calendar year income tax return and pay any tax
due. This due date applies only if you timely requested a
6-month extension.
S corporations:
File a 2006 calendar year income tax return and pay any tax
due. This due date applies only if you timely requested a
six month extension. Provide each shareholder with a copy
of Schedule K-1 or a substitute Schedule K-1. |
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October 2007 |
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October 15 |
Individuals:
File a 2006 income tax return and pay any tax due if
you were given an additional 2-month extension.
Partnerships:
File a 2006 calendar year return. This due date applies
only if you were given an additional 3-month extension. Provide
each partner with a copy of Schedule K-1.
Electing large partnerships:
File a 2006 calendar year return. This due date applies
only if you were given an additional 3-month extension. See
March 15 for the due date for furnishing the Schedules K-1
to the partners.
Pension Plans:
For Plans year ending December 31st, the last
date to file form 5500 with an extension.
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| December
2007 |
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December 17 |
Corporations:
Deposit the fourth installment of estimated income tax for
2007. A worksheet, Form 1120-W, is available to help you estimate
your tax for the year.
Non-payroll withholding -
If the monthly deposit rule applies, deposit the tax for payments
in November. |
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