Important Tax Calendar Deadlines for Employers: Q3 2021

Courtesy of Smolin Lupin Co. Here are a few important tax-related deadlines for the third quarter of 2021 that will affect businesses and other employers. This isn’t an all-inclusive list, so keep in mind that other additional deadlines may apply to you. If you want to make sure you’re meeting all applicable deadlines or have questions about the filing requirements, contact us.

Deadlines for Monday, August 2:

  • Income tax withholding and FICA taxes must be reported for the second quarter of 2021 using Form 941 and any taxes due must be paid
  • The 2020 calendar-year retirement plan report must be filed by employers using Form 5500 or Form 5500-EZ, or an extension must be requested

Deadlines for Tuesday, August 10:

  • Income tax withholding and FICA taxes must be reported for the second quarter of 2021 using Form 941 if all associated taxes that were due were deposited in full and on time

Deadlines for Wednesday, September 15:

  • Individuals who are not not paying income tax through withholding using Form 1040-ES must pay the third installment of 2021 estimated taxes
  • Calendar-year corporations must pay the third installment of their estimated income taxes for 2021
  • If they filed an automatic extension, calendar-year S corporations or partnerships must use Form 1120S, Form 1065, or Form 1065-B to file a 2020 income tax return and any tax, interest, and penalties due must be paid 
    • In addition, 2020 contributions to certain employer-sponsored retirement plans must be made.   For additional information or questions please feel free to contact Smolin. 

 

Read More Information About COVID-19

NJ CVERAP II

NJ CVERAP IIThe State of New Jersey, through the Department of Community Affairs (DCA), has opened a $350 million rental assistance program to help COVID-impacted tenants with past due rent, future rent, and utilities. Note: You must be a current tenant.  While there...

read more

Read more News & Views.

Bill Requiring Owners To Maintain Liability Insurance

Requires business owners and rental unit owners to maintain certain liability insurance policies.An act requiring liability insurance for business owners and rental unit owners and supplementing title 17 of the revised statutes.Be it enacted by the senate and general...

News & Views May 2022

Features Bill Requiring Owners To Maintain Liability Insurance Gateway Metro Apartment Performances Gain Momentum High Inflation Places Spotlight on MultiFamily Special Section The Walter R. Cohn, Esq. Memorial EXPO Exhibitor Listing Columns President’s Message Legal...

Security Deposit Replenishment after COVID -19 Health Emergency

On April 24, 2020 Governor Murphy signed Executive Order (EO) 128 allowing residential tenants to apply their security deposits to their rent accounts, subject to being replenished in accordance with the terms of that Order.   The Order provides in pertinent part...

News & Views April 2022

Features Rental Deficit Notice What You Need To Know About Backflow Prevention Systems Virtual Networking: Staying Connected In A Remote World Text Messages For Court NJ State Requires Emergency Contact & Tenant Assistance Information In Leases, Common Areas and...

News & Views December 2021/January 2022

Features What Do I Do When My Tenant Wants to Leave? Multifamily Market Report Lead Safety Certification-NJ Newest Lead Paint Law COVID-19 Presents A Cautionary Tale About The Use Of Capitalization Rates Tips To Ensure Your Winter Safety Columns President’s Message...

Monmouth County to Sponsor Emergency Rental Assistance Pop-up Sites

COVID-19 & SBA Economic Disaster Loan Informationhe Monmouth County Board of County Commissioners is pleased to sponsor Emergency Rental Assistance Program (ERAP) pop-up sites throughout the County from Feb. 21 to Feb. 25. Representatives from the Monmouth County...

New Jersey Statute Requires Emergency Contact and Tenant Assistance Information in Leases, in Common Areas, and Online

New Jersey Statute Requires Emergency Contact and Tenant Assistance Information in Leases, in Common Areas, and OnlineOn November 8, 2021, Governor Murphy signed S. 1148/A. 1211 (2021). The bill is short, but consequential. All New Jersey landlords—both big and...

Lead Safe Certification – NJ NEWEST Lead Paint law

Lead Safe Certification - NJ NEWEST Lead Paint lawIf you think Lead paint in rentals is not a concern, THINK AGAIN!   NJ’s NEWEST lead-based paint law goes into effect in July of 2022 and directly targets ALL pre-1978 rental properties.   This new law is being...

Fair Chance in Housing Act Information

Fair Chance in Housing Act InformationInitial Application or Advertisement: New Jersey’s FCHA limits a housing provider’s (see below) ability to consider a person’s criminal history in deciding whether to extend an offer or whether to rent a home after extending an...

Renters Have 2 Weeks To Apply For Aid

Renters Have 2 Weeks To Apply For AidGreat interview with POA Past President Derek Reed, Esq. of Ehrlich Petriello Gudin Plaza and Reed P.C. discussing the approaching deadline.  NJ Renters Have 2 Weeks To Apply For Rental Aid As Eviction Moratorium Sunsets | WNYC...

Scroll other News & Views Posts.