Mark Your Calendar for Key 2021 Tax Dates

Mark Your Calendar for Key 2021 Tax Dates

For most businesses, the tax year is the same as the calendar year, beginning on January 1st and ending on December 31st. Get a jump on pulling things together to meet deadlines with this tax dates calendari.

January 1 – Beginning of the calendar year tax year.

January 10 – Employees who work for tips and received $20 or more in tips in December must report the tips to their employer on Form 4070

January 15 – Self-employed or those paying quarterly tax installments must pay their final installment for 2020 by this date.

January 31 – Deadline for all businesses to provide the appropriate Form 1099 to recipients.

January 31 – If you did not pay your final tax installment by January 15, you can choose to file your 2020 tax return by January 31 with your taxes due, and you will not have to make the final installment payment.

February 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

February 18 – Deadline for individuals who claimed an exemption from withholding for the previous year to file a new form to continue that deduction in the current tax year.

February 28 – Deadline for businesses to file appropriate Form(s) 1099 to submit forms.

March 2 – Deadline for farmers and fishermen to file 2020 income tax return.

March 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

March 15 – Forms 1042-S must be filed with the IRS and given to the recipient by this date.

March 16 – Deadline for filing of corporate income tax returns or for a 6-month extension to file.

March 31 – Deadline for electronic (only for electronic) filing of forms 1097, 1098, 1099, 3921, 3922, and W-2-GS.

April 12 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

April 15 – Last day to file an original or amended tax return. First quarter estimated payments due.

May 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

June 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

June 15 – Second quarter estimated payments are due.

July 12 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.
August 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.


September 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

September 15 – Third quarter estimated tax payments due.

October 1 – Last date to set up a Simple IRA for tax year 2021.

October 11 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

October 15 – Deadline to file tax return if you filed an extension before April 15.


November 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

December 10 - Employees who work for tips and received $20 or more in tips the previous month must report the tips to their employer on Form 4070.

December 31 – Last day to take any permitted tax actions for the year.

There is the year, so keep track of these dates to stay on the good side of the IRS.

i Tax Calendars for Use In 2021, IRS.gov

SCHEDULE MY FREE CALL

With Tax Hive’s years of experience in tax and business services, we use our expertise to make your life easier so you can focus on building your business. Ever changing rules require a team who knows you, your business and the tax implications. Our tax professionals meet your needs while helping you manage tax risk, control costs and reap maximum benefit. If you’re ready to get started, CLICK HERE to schedule a FREE strategy session with one of our specialists today.

Schedule your FREE 15 minute call now!