Essential Tax Deadlines You need to know

May 21, 2024Business, Business Tax

Updated for 2024

Make sure your calendar is up-to-date with these important deadlines.

It is that time of year again for businesses to put together their tax filing and payment plans for 2024. There are many dates business owners should mark on their calendars to ensure they are compliant with all filing requirements.

IMPORTANT TAX DEADLINES AND DATES

For calendar year tax returns reporting 2023 information that are due in 2024, the following due dates will apply:

January 31
Form W-2 & certain 1099-Misc (electronic or mail)

February 28
Form 1099-Misc paper filing deadline for non-box 7 amounts
1094-C/1095-C (paper filing with the IRS)

March 15
Form 1065 – Partnerships
Form 1120-S – S Corporations

April 15
Form 1040 – Individuals
FinCEN 114 – FBAR
Form 1041 – Trusts & Estates
Form 1120 – C Corporations
Form 709 – Gift Tax Return (of the year after the gift was made)

May 15
Form 990 Series – Tax-exempt Organizations

July 31
Form 5500 Series – Employee Benefit Plan

September 15
Form 1065 – Partnership Extended Return
Form 1120-S – S Corporation Extended Return
Form 1120 – C Corporation June 30 Fiscal Year End

October 2
Form 1041 – Trusts & Estates Extended Return

October 15
Form 1120 – C Corporation Extended Return
Form 1040 – Individual Extended Return
FinCEN 114 (extended with Form 1040)
Form 5500 Series – Employee Benefit Plan Extended Return

Reminder: Review year-end tax planning

November 15
Form 990 Series – Tax-exempt Organization Extended Return

Fiscal Year Filers
Partnership and S Corporation tax returns will be due the 15th day of the third month after the end of their fiscal tax year.

C Corporation tax returns will be due the 15th day of the fourth month after the end of their fiscal year.

Employee Benefit Plan tax returns are due the last day of the seventh month after the plan year ends.

If you have any questions about these due dates and the impact on your tax filings, please contact one of our qualified tax professionals.

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