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. 

 

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