With one more month to go before the third reporting period, we want to make sure you don’t miss this important deadline.
In accordance with IRS reporting regulations:
Payment Period Due Date
January 1 – March 31 April 15
April 1 – May 31 June 15
June 1 – August 31 September 15
September 1 – December 31 January 15th of the following year.
This is specific to corporations including qualified personal service corporations and members of a controlled group. For tax year beginning after December 31, 2017, the graduated corporate tax structure is no longer applicable. Corporations are taxed at a flat rate of 21% of taxable income.
Contact your bookkeeper today to bring your books current and then consult with your CPA to ensure you are compliant with the IRS.