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Tax Calendar

Meeting your tax obligations is a critical component of running your business. The Internal Revenue Service has put together a comprehensive calendar of deadlines for federal business, personal and excise taxes.  It is filed in Publication 509, Tax Calendars for 2008.  If you are confused about whether you are supposed to be filing any of the taxes or forms listed on the calendar please review the IRS tax publication or consult your business consultant or tax accountant.

Each state also has tax requirements that you need to be aware of.  Most state tax offices will have information about your state and local tax obligations.  Some of these may include income taxes, sales taxes, property taxes, personal property taxes, etc.  If you have questions about which taxes apply to you or your company please consult your state tax authority, your business consultant or you tax accountant.

We have included a partial list of obligations for the balance of 2007 for your review. 

Fourth Quarter 2007

Date

$ Due

Description

October

 

 

10/01/2007

 

Last day to establish SIMPLE IRA plans

10/15/2007

$

2006 Personal and Partnership Return Due, if 6-month ext was filed - FINAL DEADLINE

10/15/2007

$

Employers Make Monthly Payroll tax deposit

10/31/2007

$

3rd Quarter Payroll Taxes Due

10/31/2007

$

3rd Quarter Sales Taxes Due

 

 

 

November

 

 

11/01/2007

 

Employees fill out new W-4 for 2007

11/15/2007

$

Employers Make Monthly Payroll tax deposit

 

 

 

December

 

 

12/17/2007

$

Corp. 4th Installment of Est. Income Tax Due for 2007 (Calendar Year Filers)

12/17/2007

$

Employers Make Monthly Payroll tax deposit

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