January 2012 tax compliance calendar

Doeren Mayhew

January 2012 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important tax reporting and filing data for individuals, businesses and other taxpayers for the month of January 2012.

January 6

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates December 31-January 3.

January 10

Employees who work for tips. Employees who received $20 or more in tips during November must report them to their employer using Form 4070.

January 11

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 4-6.

January 13

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 7-10.

January 17

Monthly depositors. Monthly depositors must deposit employment taxes for payments in December.

January 19

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 11-13.

January 20

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 14-17.

January 25

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 18-20.

January 27

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 21-24.

January 31

Employers. Employers give employees copies of Form W-2 for 2011.

Employers. Employers file Form 945 to report income tax withheld for 2011 on all nonpayroll items. Deposit any undeposited tax (if more than $2,500).

Employers. Employers file Form 941 for the fourth quarter of 2011. Deposit any undeposited tax (if more than $2,500).

Employers file Form 940 to report federal unemployment tax for 2011. Deposit any undeposited tax (if more than $500).

Small employers. Certain small employers file Form 944 to report Social Security, Medicare, and withheld income tax for 2011. Deposit any undeposited tax (if more than $2,500).

February 1

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 25-27.

February 3

Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 28-31.

Contact Doeren Mayhew for more information.

If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.