Tax Law and News January 2016 Tax Compliance and Due Dates Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Dorinda DeScherer Modified Mar 5, 2019 1 min read It’s a new year, which means it’s time for tax season to begin! As always, Intuit’s Pro Tax Group is pleased to offer guidance and information to all tax practitioners. In January, it is recommended that you: Send tax preparation packets and tax data organizers to individual clients Alert individual clients to the option of filing the 2015 return by Feb. 1, in lieu of making final 2015 estimated tax payment. Remind business clients of information reporting requirements. Key Compliance Dates: Monday, Jan. 4: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 26–29. Wednesday, Jan. 6: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec.r 30–Jan. 1. Friday, Jan. 8: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 2–5. Monday, Jan. 11: Tipped employees who received $20 or more in tips during December report them to their employers on Form 4070. Wednesday, Jan. 13: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 6–8. Friday, Jan. 15: Monthly depositors deposit FICA and withheld income tax for December. Semiweekly depositors deposit FICA and withheld income tax on wages paid in Jan. 9-12. Individuals pay final installment of 2015 estimated tax. Thursday, Jan. 21: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 13–15. Friday, Jan. 22: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 16–19. Wednesday, Jan. 27: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 20–22. Friday, Jan. 29: Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 23–26. Intuit Resources: The January 2016 Calendar with filing deadlines and reminders for you and your clients. Key Tax Facts for the 2015 Return As always, visit Intuit’s Pro Tax Group for more information and training resources. Previous Post IRS Announces 2016 Tax Filing Season Start Date Next Post Standard Mileage Rates Will Go Down in 2016 Written by Dorinda DeScherer Dorinda DeScherer is an attorney specializing in tax and employment law. She is an honors' graduate of Barnard College of Columbia University and the University of Maryland School of Law. She is currently a principal with Editorial Resource Group, where she specializes in writing and editing professional publications. More from Dorinda DeScherer Comments are closed. Browse Related Articles Tax Law and News October 2024 tax and compliance deadlines Tax Law and News Safeguards Rule and cybersecurity leadership Practice Management Al innovations: Transforming your firm for the future Advisory Services Generational wealth: Family trusts and tax planning Tax Law and News Help your clients avoid tax-time surprises Tax Law and News Guide to energy and clean vehicle tax credits Practice Management Cloud automation drives results for Three Peaks Tax Law and News Tax relief for victims of Hurricane Francine Advisory Services La función de un contador en la planificación de la s… Advisory Services Preparing your clients’ children for inheritance