October 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

October 2014: Employer’s business tax calendar

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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.

Oct. 1     

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

Oct. 3     

Semiweekly deposit for wages paid on Sept. 27, 28, 29 and 30.

Oct. 8     

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

Oct. 10     

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

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

Oct. 15     

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

Electing large partnerships. File a 2013 calendar-year return (Form 1065-B). This due date applies only if you were given an additional six-month extension. Schedule K-1 should have been provided to the partners by March 17, 2014.

Oct. 16     

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

Oct. 17     

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

Oct. 22     

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

Oct. 24     

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

Oct. 29     

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

Oct. 31     

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

Quarterly filers file Form 941 for the third quarter of 2014. Deposit any undeposited tax. If the total is less than $2,500 and not a shortfall, you can pay it with the return. If you deposited the tax for the quarter in full and on time, you have until Nov. 10 to file the return. Annual filers deposit tax withheld if tax liability is $2,500 or more for 2014, but less than $2,500 for the third quarter of 2014. All employers deposit any FUTA tax owed through September, if more than $500.

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