Major Tax
Deadlines For February 2010
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.
February
16 -
Deadline for providing Forms 1099-B and 1099-S to recipients.
For March
2010
March 1 - Farmers and fishermen
who did not make 2009 estimated tax payments must file 2009 tax returns and pay
taxes in full.
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.
