Individuals

January 15

Payment of the fourth quarter estimated tax payment for 2006

January 31

File your tax return if you did not pay your fourth quarter estimated tax payment on January 15th to prevent penalties

April 15

Individual tax returns are due (may be extended 4 months)

First quarter estimated tax payments are due

June 15

Second quarter estimated tax payments are due

August 15

Extended tax returns are due (may be extended 2 additional months)

September 15

Make third quarter estimated tax payments

October 15

File individual tax returns that are on extension

Businesses

January 31

Send annual information returns (Form 1099 or other information return) to recipients of payments you made in 2006

Send W-2 Forms to employees

File Federal unemployment taxes (Form 940)

File Form 941 for the fourth quarter

February 28

File Form 1096 and annual information returns (Form 1099 or other information return)

File W-3 form and copies of W-2 forms you issued for 2006

March 15

Corporation and S corporation income tax returns are due (may be extended 6 months)

S corporation election is due to elect S corporation status for 2007

April 15

First quarter estimated tax payments are due

Partnership returns are due (may be extended 3 months)

April 30

File Form 941 for the first quarter

June 15

Second quarter estimated tax payments are due

July 15

Extended Partnership returns are due (may be extended an additional 3 months)

July 31

File Form 941 for the second quarter

September 15

Make third quarter estimated tax payments

File corporate returns that are on extension

File partnership returns that are on extension

September 30

File Form 941 for the third quarter

December 15

Corporate fourth quarter estimated tax payments are due

Fiscal year businesses due dates are adjusted by the number on months the year end falls after December 31st.

Please note - Payroll and excise tax deposit rules are very complicated and are not presented here.

If you need assistance with tax due dates or other tax matters please contact us at (310) 540-5300 or by E-mail.

© 1996 Roscoe & Swanson, Accountancy Corporation. All rights reserved.

Last revised: November 28, 2007