March 2019 Tax and Compliance Deadlines

Tax Law and News Young tax and accounting clients

Congratulations! You’re more than halfway through tax season and no doubt working diligently. Still, don’t forget about this month’s important tax and compliance deadlines. Here’s the list for March.

In March, it’s recommended that you:

  • File extensions for individuals who have not met the deadline for return preparation.
  • Remind individual clients of their April 15 estimated tax payment.
  • File extensions for S corporations or partnerships that will not meet the March 15 filing deadline.

Key Compliance Dates:

Friday, March 1 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Feb. 23-26.

Wednesday, March 6 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Feb. 27-March 1.

Friday, March 8 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 2-5.

Monday, March 11 – Tipped employees who received $20 or more in tips during February report them to the employer on Form 4070, Employee’s Report of Tips to Employer.

Wednesday, March 13 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 6-8.

Friday, March 15

  • Monthly depositors deposit FICA and withheld income tax for February.
  • Calendar-year S corporations file 2018 income tax return on Form 1120S, U.S. Income Tax Return for an S Corporation; alternatively, file for an automatic six-month extension.
  • Calendar-year partnerships file 2018 information return (Form 1065, U.S. Return of Partnership Income); alternatively, file for an automatic six-month extension (Form 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns).
  • Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 9-12.

Wednesday, March 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 13-15.

Friday, March 22 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 16-19.

Wednesday, March 27 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 20-22.

Friday, March 29 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 23-26.

Intuit® ProConnect™ Resources:

As always, visit Intuit ProConnect for more information and training resources

Leave a Reply

Your email address will not be published. Required fields are marked *