Weekends & Holidays:
If a due date falls on a Saturday, Sunday or holiday, the due date is automatically extended until the next business day that is not itself a legal holiday.
January
|
1
|
Earned Income Credit
If you are an employer and have employees receiving advanced Earned Income Credit payments, stop making those payments unless they provide you with a new Form W-5 for 2010.
|
|
4
|
Time to Call For Your Tax Appointment
January is the beginning of tax season. If you have not made an appointment to have your taxes prepared, we encourage you do so before the calendar becomes too crowded.
|
|
11
|
Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during December, you are required to report them to your employer on IRS Form 4070 no later than January 11. Generally, this due date is January 10, but when the due date falls on a Saturday, Sunday or holiday, it is not due until the next business day.
|
|
15
|
Employer’s Monthly Deposit Due
If you are an employer and the monthly deposit rules apply, January 15 is the due date for you to make your deposit of Social Security, Medicare and withheld income tax for December 2009. This is also the due date for the nonpayroll withholding deposit for December 2009 if the monthly deposit rule applies.
|
|
15
|
Farmers & Fishermen Estimated Tax Payment Due
If you are a farmer or fisherman whose gross income for 2008 or 2009 is two-thirds from farming or fishing, it is time to pay your estimated tax for 2009 using Form 1040-ES. You have until April 15, 2010 to file your 2009 income tax return (Form 1040). If you do not pay your estimated tax by January 15, you must file your 2009 return and pay any tax due by March 1, 2010 to avoid an estimated tax penalty.
|
|
15
|
Individual Estimated Tax Payment Due
It’s time to make your fourth quarter estimated tax installment payment for the 2009 tax year.
|
|
|
<
|
January 2010
|
>
|
| S | M |
T | W |
T | F |
S |
| | | | |
1
|
2
|
|
3
|
4
|
5
|
6
|
7
|
8
|
9
|
|
10
|
11
|
12
|
13
|
14
|
15
|
16
|
|
17
|
18
|
19
|
20
|
21
|
22
|
23
|
|
24
|
25
|
26
|
27
|
28
|
29
|
30
|
|
31
|
| | | | | |
|