Major
Tax Deadlines For January 2010
January
15
- Final 2009 individual estimated tax payment is due, unless 2009 tax return is
filed and taxes are paid in full by February 1, 2010.
The
following deadlines would normally fall on January 31. Because January 31,
2010, is a Sunday, the deadline moves to the next business day, which is
February 1.
February
1 -
Employers must provide 2009 W-2 statements to employees.
February
1
- Payers must provide 2009 Form 1099s to payees. (Brokers have until February
16 to provide Form 1099-B and consolidated statements to customers.)
February
1 -
Employers must generally file Form 941 for the fourth quarter of 2009 and pay
any tax due.
February
1
- Employers must generally file 2009 federal unemployment tax returns and pay
any tax due.
NOTE:
Businesses are required to make federal tax deposits on dates determined by
various factors that differ from business to business.
Payroll
tax deposits: Employers generally must deposit Form 941
payroll taxes (income tax withheld from employees' pay and both the employer's
and employees' share of social security taxes) on either a monthly or
semiweekly deposit schedule. There are exceptions if you owe $100,000 or more
on any day during a deposit period, if you owe $2,500 or less for the calendar
quarter, or if your estimated annual liability is $1,000 or less.
Monthly depositors are
required to deposit payroll taxes accumulated within a calendar month by the
fifteenth of the following month.
Semiweekly depositors
generally must deposit payroll taxes on Wednesdays or Fridays, depending on
when wages are paid.
For more information on tax
deadlines that apply to you or your business, contact our office at (336)
838-4100 or email JFaw@ConcordePlanning.com.
