Reminders for September 15th

Individuals:

• The third installment of 2010 individual estimated taxes is due.

Corporations:

• File a 2009 calendar year income tax return (Form 1120 or 1120-A) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension.
• Deposit the third installment of estimated income tax for 2010 for calendar year corporations.

S Corporations:

• File a 2009 calendar year income tax return (Form 1120S) and pay any tax due. This due date applies only if you requested an automatic 6-month extension.

Social Security, Medicare, and Withheld Income Tax:

• If the monthly deposit rule applies, deposit the tax for payments in August.

Nonpayroll Withholding:

• If the monthly deposit rule applies, deposit the tax for payments in August.

Partnerships:

• File a 2009 calendar year return (Form 1065). This due date applies only if you were given an additional 5-month extension. Provide each partner with a copy of K-1 or a substitute Schedule K-1.

Fiduciaries of Estates and Trusts:

• File a 2009 calendar year return (Form 1041). This due date applies only if you were given an additional 5-month extension. If applicable, provide each beneficiary with a copy of K-1 (Form 1041) or a substitute Schedule K-1.

If you have any questions about any of the above, please give our office a call.