Year End: Small Business Tax Compliance Dates

Business News:

Below is a compilation of important tax compliance due dates for small businesses in the United States. It's essential to note that tax laws and regulations can change, so it's advisable to verify these dates with the relevant tax authorities or seek guidance from a tax professional.

▪ Quarter 4 2023 Estimated Tax Payments:
- Due on January 16, 2024

▪ Employment Taxes:
- Form 941 (Quarterly Employer's Tax Return): Due by the last day of the month following the end of each quarter
- Form 940 (Annual Federal Unemployment Tax Return): Due on January 31
- W-2 and 1099 Forms: Due to employees and contractors by January 31

▪ Sales Tax Filings:
- Varies by state and locality: Check with your state's tax authority for specific due dates

▪ Excise Taxes:
- Varies depending on the type of excise tax: Check with the relevant tax authority for specific due dates

▪ Retirement Plan Contributions:
- SEP-IRA contributions: Due by the business's tax filing deadline, including extensions
- SIMPLE IRA contributions: Due by the business's tax filing deadline, including extensions
- 401(k) contributions: Due by the end of the tax year

▪ Quarterly Payroll Tax Returns:
- Form 941 (Employer's Quarterly Federal Tax Return): Due by the last day of the month following the end of each quarter

▪ State and Local Tax Filings:
- Varies by state and locality: Check with your state and local tax authorities for specific due dates

▪ Business Property Tax:
- Varies by jurisdiction: Check with your local government for specific due dates