Small Business Taxes & Management

To Do List -- Federal

May 1, 2023

 

May 10, 2023

 

May 15, 2023

  • Form 990, 990-PF, 990-T due for calendar-year exempt organizations.

  • Form 5471, Informtion Return of U.S. Persons with Respect to Certain Foreign Corporations

  • Employment tax deposits (for April, 2023) due for monthly depositors.

     

    Various

    Form 8300 (statement to payer of cash of more than $10,000) must be filed with the IRS by the 15th day following the transaction.

     

    Semi-Weekly Employment Tax Deposit Schedule for March:

    Payroll Date     Deposit Date
    Apr 29-May 2 May 5
    May 3-5 May 10
    May 6-9 May 12
    May 10-12 May 17
    May 13-16 May 19
    May 17-19May 24
    May 20-23 May 26
    May 24-26 Jun 1
    May 27-30 Jun 2
    May 31-Jun 2 Jun 7
    Special Rule: Employers must deposit taxes on next banking day after date employment tax liability exceeds $100,000.

     

    Copyright 2023 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. Articles in this publication are not intended to be used, and cannot be used, for the purpose of avoiding accuracy-related penalties that may be imposed on a taxpayer. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536

    Return to Home Page