Tax Calendar
October 17 – Personal federal income tax returns for 2021 that
received an automatic extension must be filed today and any tax, interest and penalties due must be paid.
· The Financial Crimes
Enforcement Network (FinCEN) Form 114 “Report of Foreign Bank and Financial
Accounts” (also known as the “FBAR”) must be filed by today, if not filed
already, for offshore bank account reporting. (This report received an
automatic extension to today if not filed by the original due date of April 18th.)
· If an
extension was obtained, calendar-year C corporations should file their 2021
Form 1120 by this date.
· If the monthly deposit rule
applies, employers must deposit the tax for payments in September for Social Security,
Medicare, withheld income tax and nonpayroll withholding.
October 31
– Employers must file Form 941 for the third quarter (November 10 if all taxes
are deposited in full and on time). Also,
employers must deposit FUTA taxes owed through September if the liability is
more than $500.
November 15
– If an extension was obtained, calendar-year tax exempt organizations should
file their 2021 returns. If the monthly deposit rule applies, employers must
deposit the tax for payments in October for Social Security, Medicare, withheld
income tax and nonpayroll withholding.
December 15
– Fourth quarter 2022 estimated tax payments are due for calendar-year
corporations. If the monthly deposit rule applies, employers must deposit the
tax for payments in November for Social Security, Medicare, withheld income tax
and nonpayroll withholding.
©
2022