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Key Dates for Companies and Businesses in the USA – Federal Requirements and Deadlines for 2016

Companies that operate in the United States have a lot of dates to remember throughout the year. Federal deadlines are important in filing tax information, keeping up on employment notifications and making sure that self-employed individuals pay their estimated taxes each quarter. Missing a federal deadline could mean penalties, fines and possible tax consequences.

January 15, 2016

  • All 1040-ES 2015 fourth quarter payments must be submitted

February 1, 2016

  • People who chose not to pay their final 1040-ES payments on January 15, 2016 can file their full returns and not sustain a penalty
  • Businesses must issue all 1099 forms
  • Farm employers must file form 943 for Social Security and Medicare filings
  • All employers must file form 940 for 2015 unemployment taxes
  • Form 720 for fourth quarter of 2015 must be filed
  • Companies must file form 2290 for any vehicles that were first utilized in December 2015

February 16, 2016

  • Employees must file income tax exemption forms with employers

February 29, 2016

  • Businesses must file information returns for payments made in 2015
  • Form 1096 for payment of gambling winnings and copy A of form W-2G must be filed
  • All employers must file their W-3 and copy A forms for each W-2 issued in 2015
  • Large food and beverage employers must file form 8027 regarding tip income
  • Form 730 required for all wagers placed in January
  • Form 2290 required for all vehicles first put into service in January

March 15, 2016

  • All corporations must file a form 1120 for their annual return
  • Partnerships must distribute K-1 forms to all partners

March 31, 2016

  • All forms 1097, 1098, 1099, 3921, 3922 and W2-G must be filed electronically
  • Employers must file all W-2 forms electronically

April 18, 2016

  • Individual 1040 forms are due
  • 1040-ES estimated taxes are due for 2015

June 15, 2016

  • Resident aliens or U.S. citizens working abroad must have their 1040 forms filed and taxes paid
  • Quarterly payment for 1040-ES estimated taxes is due
  • Corporations must file their 1120-W form for their estimated tax for the quarter

August 1, 2016

  • All employers that maintain an employee benefit plan must file a form 5500 for the 2015 calendar year

September 15, 2016

  • Payments for 1040-ES quarterly commitments from individuals are due
  • Corporations must file their quarterly 1120 forms with the appropriate estimated payments

October 17, 2016

  • Individuals with extensions on their 1040 filings must make their final payments to avoid penalties

November 1, 2016

  • Employers need to start asking employees that will be changing their withholding status for 2017 to begin the process of filing a new W-2 that needs to be completed by mid-December

December 15, 2016

  • Corporations must make their fourth and final estimated tax installment payment using form 1120-W
  • Partnerships must file form 1065



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