Now that 2015 is in well underway, let’s take a look at some of the various tax payment deadlines for businesses. Here is a link to the IRS Tax Calendar publication, but in case you are in a hurry, here is a brief rundown for you on some tax deadlines (but be sure you double-check with the IRS or your accountant exactly which deadlines apply to your individual business and circumstances):

First Quarter

• January 15^th: Social Security, Medicare, and withheld Income Tax is due
• February 17^th: Social Security, Medicare, and withheld Income Tax is due
• March 16^th: Social Security, Medicare, and withheld Income Tax is due

Second Quarter

• April 15^th: Social Security, Medicare, and withheld Income Tax is due
• April 15^th: Estimated Tax Payments are due
• April 30^th: Form 941 for first quarter is due
• May 11^th: Social Security, Medicare, and withheld Income Tax is due
• June 15^th: Social Security, Medicare, and withheld Income Tax is due
• June 15^th: Estimated Tax Payments are due

Third Quarter

• July 15^th: Social Security, Medicare, and withheld Income Tax is due
• July 31^st: Form 941 for second quarter is due
• August 17^th: Social Security, Medicare, and withheld Income Tax is due
• September 15^th: Social Security, Medicare, and withheld Income Tax is due
• September 15^th: Estimated Tax Payments are due

Fourth Quarter and January of 2016

• October 15th: Social Security, Medicare, and withheld Income Tax is due
• November: Ask employees to fill out new W-4 if their allowances will change
• November 2^nd: Form 941 for third quarter is due
• November 16^th: Social Security, Medicare, and withheld Income Tax is due
• December 15^th: Social Security, Medicare, and withheld Income Tax is due
• December 15^th: Estimated Tax Payments are due (for corporations)
• January 15^th: Estimated Tax Payments are due (for individuals)
• January 31^st 2016: Form 941 for fourth quarter is due

If the your businesses is in need of some legal assistance, or if you are ready to start your own, do not hesitate to reach out to the Law Office of E.C. Lewis, PC, home of your Denver Business Lawyer, Elizabeth Lewis, at 720-258-6647 or email her at elizabeth.lewis@eclewis.com.