August 2014: 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 2014: 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 26, 27, 28 and 29.

Aug. 6     

Semiweekly deposit for wages paid on July 30, 31 and Aug. 1.

Aug. 8     

Semiweekly deposit for wages paid on Aug. 2, 3, 4 and 5.

Aug. 11     

Quarterly filers. File Form 941 for the second quarter of 2014. 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. 13     

Semiweekly deposit for wages paid on Aug. 6, 7 and 8.

Aug. 15     

Semiweekly deposit for wages paid on Aug. 9, 10, 11 and 12.

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

Aug. 20     

Semiweekly deposit for wages paid on Aug. 13, 14 and 15.

Aug. 22     

Semiweekly deposit for wages paid on Aug. 16, 17, 18 and 19.

Aug. 27     

Semiweekly deposit for wages paid on Aug. 20, 21 and 22.

Aug. 29     

Semiweekly deposit for wages paid on Aug. 23, 24, 25 and 26.

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