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Barry's Accounting Services, Corp.
1852 Flatbush Avenue - 2nd Floor
Brooklyn, New York 11210
(718) 677-4006
E-mail:
clembarry@aol.com
 
 
Client Update - quarterly newsletter
 
   

Tax Filing Deadlines

Tax Filing Deadline or Due Date is the date on which tax returns must be in the government office before Interest and Penalties for late filing are attached to them. 

Every Business(C-Corp., S-Corp., LLC) is required  to file a tax return (End-Of-Year Tax Return) if the Business didn't generate income or sales during the year.

Quarterly Sales & Use Tax
Individuals who have sale tax certificates must file a Sales Tax  Return on the Due Date and pay the Sales Tax that they have collected. They are also required to file a Sales Tax Return if they did not collect any Sales Tax. For details, contact your State Sales Tax Department.

1st Quarter, December 1 to February 28 (Due Mar 15)
2nd Quarter, March 1 to  May 31 (Due June 15)
3rd Quarter, June 1 to  August 31 (Due Sept. 15)
4th Quarter, September 1 to November 30 (Due Dec. 15)



Quarterly Estimated Income Tax for Individuals
Individuals whose income taxes or additional income taxes will not be withheld by their employers are required to pay quarterly estimated income tax by the due date.

1st Quarter - Due April 15
2nd Quarter - Due June 15
3rd Quarter - Due September 15
4th Quarter - Due January 15



Individual, Sole Proprietorship, LLC, and Partnership Tax Returns
They are classified as Calendar Year Taxpayers. They must file their End-of-year tax returns before April 15. Late filing penalties and interest starts on April 16. 


End-of-Year Business Tax Returns

Forms 940, 941, W2, 1099 – Due January 15
Calendar Year: S-Corporation and C-Corporation Tax Returns - Due March 15
Fiscal Year: C-Corporation returns Due 2.5 mths(75 days) after the close of the tax year
Foreign Corporations: Returns Due 2.5 mths(75 days) after the close of the tax yea
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Estate and Gift Tax Returns
Estate and Gift tax returns are Due on April 15
Estate tax return is due 9 months after the death of a decedent

**NOTE:- For details, contact the IRS and/or the Taxing Authority in your State. 

 

Business taxes, accounting, and strategic planning - click here