Below are some of the key tax-related deadlines applicable to businesses and employers in the second quarter of 2024. Please note that this list is not exhaustive, so there may be additional deadlines specific to your situation. We recommend contacting us to ensure compliance with all relevant deadlines and to understand specific filing requirements.
April 15
- Calendar-year corporations must either file their 2023 income tax return (Form 1120) or request an automatic six-month extension (Form 7004) and make any tax payments due.
- Corporations should also pay the first installment of their estimated 2024 income taxes and retain Form 1120-W for record-keeping purposes.
- Individuals should file their 2023 income tax return (Form 1040 or Form 1040-SR) or request an automatic six-month extension (Form 4868) and pay any taxes owed.
- Individuals making estimated tax payments for 2024 (Form 1040-ES) should also pay their first installment if they do not pay income tax through withholding.
April 30
- Employers must report income tax withholding and FICA taxes for the first quarter of 2024 using Form 941 and pay any taxes owed.
May 10
- Employers should report income tax withholding and FICA taxes for the first quarter of 2024 using Form 941, provided they deposited all associated taxes due on time and in full.
May 15
- Employers subject to the monthly deposit rule must deposit Social Security, Medicare, and withheld income taxes for April.
June 17
- Corporations are required to make their second installment payment of estimated 2024 income taxes.
For comprehensive guidance tailored to your specific tax obligations and to ensure timely compliance, please do not hesitate to contact us.
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