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As a small business owner or self-employed person, one of the easiest ways to keep Uncle Sam off your back and out of your life is to file your forms, payments and other paperwork on time.
Over the next four months there are several key dates that you dare not forget! Here they are -- all in one place Wholesale Sheldrick Redwine Jersey , along with links to the IRS website PDF file for that particular form, where appropriate.
NOTE: This article only addresses federal tax deadlines. Be sure to contact your state's tax department for their due dates.
Also, the calendar is adjusted for Saturdays, Sundays and federal holidays, because if a due date falls on a Saturday Wholesale Sione Takitaki Jersey , Sunday, or federal holiday, then the due date is moved to the next business day.
JANUARY:
Tuesday, Jan. 18
Personal
If you pay quarterly estimated income tax payments, it's time to make the fourth-quarter payment for 2004 via Form 1040-ES. > Business
If you have employees Wholesale Greedy Williams Jersey , you must make the federal payroll tax payment for December 2004 by today (assuming you are on the monthly deposit schedule).
You use Form 8109 (found in the little yellow coupon book) or the IRS Electronic Federal Tax Payment System (EFTPS).
Monday, January 31
Business
4th quarter and year-end payroll tax returns are due by January 31 of the following year.
Here's an overview of the 4 most common federal payroll-related forms due today:
1. Form W-2 (for your employees) > If you mail the W-2's, the postmark must be on or before January 31, 2005.
You may also be a recipient of a W-2 (if you work as an employee for someone else), so don't give your employer a hard time unless the W-2 is postmarked Wholesale Jarvis Landry Jersey , or delivered in person, later than January 31.
2. Form 941 (for payroll tax) > 3. Form 940 (for unemployment tax) > 4. Form 1099-MISC If you paid any independent contractors at least $600 in 2004, you must send each one a 1099 by January 31. > Tip: if the independent contractor is a corporation, you usually don't have to issue a 1099. The main purpose of the 1099 is to track payments to Sole Proprietors, i.e. unincorporated self-employed people.
If you have employees, you must make the federal payroll tax payment for January 2005 by today (assuming you are on the monthly deposit schedule).
Monday, February 28
If you prepared any W-2's or 1099's (mentioned above), today is the deadline for sending a copy of those forms to the IRS.
Form W-3 is sent to the Social Security Administration, along with Copy A of any Forms W-2 you issued. > Form 1096 is sent to the IRS Wholesale Bernie Kosar Jersey , along with Copy A of any Forms 1099-MISC you issued. > MARCH:
Business
Tuesday, March 15
Today is a big day if your business is a corporation.
Form 1120 -- the annual corporate income tax return for regular "C" corporations. > Form 1120S -- the annual corporate income tax return for "S" corporations. > Form 7004 -- if you can't file Form 1120 or 1120S by today, here's a tip: just file Form 7004 by March 15 and you are granted an automatic, no-questions-asked 6-month extension of time to file the return (i.e. until Sept. 15, 2005) > Form 2553 -- if you want your corporation to be treated like an "S" corporation for the first time Cheap Antonio Callaway Jersey , today is the. Fake Hockey ndsjersey.com/]Tremaine Edmunds Youth JerseyTaysom Hill Kids Jersey