September 2017 Tax Deadlines

Major Tax Deadlines for September 2017

• September 15 – Third quarter installment of 2017 individual and corporation estimated income tax is due.
• September 15 – S corporations: Filing deadline for 2016 tax returns for S corporations that requested/received a six-month extension.
• September 15 – Partnerships: Filing deadline for 2016 tax returns for partnerships that requested/received an automatic six-month extension.
• September 15 – Electing large partnerships: Filing deadline for 2016 tax returns for electing large partnerships that requested/received a six-month extension.

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 FICA 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.