South Florida CPA
Making Feeling of the Individual Tax Calendar
Do you know the Federal Holidays?
South Florida CPA
Keeping every one of the filing dates straight when it comes to the tax calendar could be a challenge within the better of times. Add
some unique Federal Holidays and you often have a mess on your hands. What exactly should you know?
Federal Holidays - South Florida CPA
The Federal Tax Calendar contains some fairly predicable holidays and one or two that can throw you for any loop.
Listed below are the present observed holidays for federal tax purposes in 2012:
• Jan 2: New Years Day
• Jan 16: Martin Luther King Jr.
• Feb. 20: Washington's Birthday (President's Day)
• April 16: D.C. Emancipation Day
• May 28: Memorial Day
• July 4: Independence Day
• Sept 3: Labor Day
• Oct. 8: Columbus Day
• Nov. 12: Veterans' Day (observed)
• Nov. 22: Thanksgiving Day
• Dec. 25: Christmas Day
What you ought to Know
Filing dates can move. The typical guideline is that if a tax filing date lands on a Saturday or Sunday, the
filing date is moved to the following Monday. Month end reports that are due often could be filed the following
Monday when the due date arrives at a weekend.
Filing dates can move TWICE. Each time a tax filing date lands on a weekend As well as the following Monday is surely an
observed holiday, then a filing date moves to Tuesday. This has occurred the final 2 yrs using the April 15th
tax filing date and the Washington D.C. Emancipation Day Holiday.
Favorite dates. The tax calendar has a tendency to favor certain dates throughout the month. The dates are the 15th and also the
last day of the month. Should you receive tips at your job then also toss in the 10th. Knowing this, you could do
a mental review each month to make sure you are not missing a key filing date.
Major Individual Filing Dates. Please note them in your calendar. Other dates could be very important to your
particular situation, but this is a good place to start:
January 15: 4th Quarter (prior year) estimated tax payment
April 15: 1040 individual tax due date;
1st Quarter estimated tax payment
June 15: 2nd Quarter estimated tax payment
September 15: 3rd Quarter estimated tax payment
October 15: 1040 individual taxes due (if filed extra time)
December 31: Retiree minimum required distribution due
10th of each and every month: Employees who receive tip income (reporting due to employers)
Note: be sure you move the filing due date for the following Monday in the event the date arrives at a weekend.
South Florida CPA
Do you know the Federal Holidays?
South Florida CPA
Keeping every one of the filing dates straight when it comes to the tax calendar could be a challenge within the better of times. Add
some unique Federal Holidays and you often have a mess on your hands. What exactly should you know?
Federal Holidays - South Florida CPA
The Federal Tax Calendar contains some fairly predicable holidays and one or two that can throw you for any loop.
Listed below are the present observed holidays for federal tax purposes in 2012:
• Jan 2: New Years Day
• Jan 16: Martin Luther King Jr.
• Feb. 20: Washington's Birthday (President's Day)
• April 16: D.C. Emancipation Day
• May 28: Memorial Day
• July 4: Independence Day
• Sept 3: Labor Day
• Oct. 8: Columbus Day
• Nov. 12: Veterans' Day (observed)
• Nov. 22: Thanksgiving Day
• Dec. 25: Christmas Day
What you ought to Know
Filing dates can move. The typical guideline is that if a tax filing date lands on a Saturday or Sunday, the
filing date is moved to the following Monday. Month end reports that are due often could be filed the following
Monday when the due date arrives at a weekend.
Filing dates can move TWICE. Each time a tax filing date lands on a weekend As well as the following Monday is surely an
observed holiday, then a filing date moves to Tuesday. This has occurred the final 2 yrs using the April 15th
tax filing date and the Washington D.C. Emancipation Day Holiday.
Favorite dates. The tax calendar has a tendency to favor certain dates throughout the month. The dates are the 15th and also the
last day of the month. Should you receive tips at your job then also toss in the 10th. Knowing this, you could do
a mental review each month to make sure you are not missing a key filing date.
Major Individual Filing Dates. Please note them in your calendar. Other dates could be very important to your
particular situation, but this is a good place to start:
January 15: 4th Quarter (prior year) estimated tax payment
April 15: 1040 individual tax due date;
1st Quarter estimated tax payment
June 15: 2nd Quarter estimated tax payment
September 15: 3rd Quarter estimated tax payment
October 15: 1040 individual taxes due (if filed extra time)
December 31: Retiree minimum required distribution due
10th of each and every month: Employees who receive tip income (reporting due to employers)
Note: be sure you move the filing due date for the following Monday in the event the date arrives at a weekend.
South Florida CPA