Category: Tax

Employers: Begin withholding income tax from the pay of any employee who claimed exemption from withholding in 2018 but did not give you a new IRS Form W-4 to continue

All businesses: Give annual information statements (IRS Forms 1099) to recipients of certain payments you made during 2018. Payments that are covered include: (1) compensation for workers who are not

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the third quarter of 2018. Deposit any undeposited tax under the accuracy of deposit rules. (If

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the second quarter of 2018. This due date applies only if you deposited the tax for

Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in July if the monthly rule applies.

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the second quarter of 2018. Deposit any undeposited tax. If your tax liability is less than

Individuals: If you are not paying your 2018 income tax through withholding (or will not pay enough tax during the year that way), pay the second installment of your 2018

Employers: For Social Security, Medicare, and withheld income tax, file IRS Form 941 for the first quarter of 2018. This due date applies only if you deposited the tax for the

Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in April if the monthly rule applies.

Many small businesses are pass-through entities, including S corporations, partnerships, sole proprietorships, LLCs, and LLPs. The label indicates that all business earnings are passed through to the owners’ personal income