August 2012: Employer’s business tax calendar — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

August 2012: Employer’s business tax calendar

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in Office Management,Payroll Management

• NOTE: Saturdays, Sundays and legal holidays as observed in the District of Columbia are taken into account to determine due dates. Under the federal deposit rules, you’re allowed a deposit shortfall of the greater of $100 or 2% of your tax liability.

Semiweekly and monthly deposits are for the deposits of FICA and withheld income taxes due on wages paid during the time periods indicated.

Aug. 1     

Semiweekly deposit for wages paid on July 25, 26 and 27.

Aug. 3     

Semiweekly deposit for wages paid on July 28, 29, 30 and 31.

Aug. 8     

Semiweekly deposit for wages paid on Aug. 1, 2 and 3.

Aug. 10    

Semiweekly deposit for wages paid on Aug. 4, 5, 6 and 7.

 

Quarterly filers. File Form 941 for the second quarter of 2012. This due date applies only if you deposited withheld income and FICA taxes for the second quarter in full and on time. If not, you should have filed the return by July 31.

 


Employees who work for tips. If employees received $20 or more in tips during July, they should report them to you on Form 4070.

Aug. 15     

Semiweekly deposit for wages paid on Aug. 8, 9 and 10.

 

Monthly deposit for wages paid in July, if the semiweekly deposit rule didn’t apply.

Aug. 17     

Semiweekly deposit for wages paid on Aug. 11, 12, 13 and 14.

Aug. 22     

Semiweekly deposit for wages paid on Aug. 15, 16 and 17.

Aug. 24     

Semiweekly deposit for wages paid on Aug. 18, 19, 20 and 21.

Aug. 29     

Semiweekly deposit for wages paid on Aug. 22, 23 and 24.

Aug. 31     

Semiweekly deposit for wages paid on Aug. 25, 26, 27 and 28.

 

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