July 2015: 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

July 2015: 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.

July 1    

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

July 6    

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

July 8    

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

July 10    

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

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

July 15    

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

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

July 17    

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

July 22    

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

July 24    

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

July 29    

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

July 31    

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

All employers. Quarterly filers file Form 941 for the second quarter of 2015. 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 Aug. 10 to file the return. Annual filers deposit any undeposited tax if the total liability is $2,500 or more for 2015, but less than $2,500 for the second quarter. All employers deposit FUTA taxes owed through June, if more than $500. If you maintain an employee benefits plan, such as a pension, profit-sharing or stock bonus plan, file Form 5500 or 5500-EZ for calendar year 2014. If you use a fiscal year as your plan year, file the form by the last day of the 7th month after the plan year ends.

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