Tax Law and News January 2019 Tax and Compliance Deadlines 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 Intuit Accountants Team Modified Mar 5, 2019 2 min read Welcome to 2019! We’re in a new year with opportunities for growth and challenges to meet. Here’s this month’s list of tax and compliance deadlines for your review. In January, it’s recommended that you: Send tax preparation packets and tax data organizers to individual clients. Alert individual clients to the option of filing the 2018 return by Jan. 31 in lieu of making final 2018 estimated tax payment. Remind business clients of information reporting requirements. Key Compliance Dates: Thursday, Jan. 3 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 26-28. Friday, Jan. 4 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 29-Jan. 1. Wednesday, Jan. 9 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 2-4. Thursday, Jan. 10 – Tipped employees who received $20 or more in tips during December report them to their employers on Form 4070, Employee’s Report of Tips to Employer. Friday, Jan. 11 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 5-8. Tuesday, Jan. 15 Monthly depositors deposit FICA and withheld income tax for December. Individuals pay final installment of 2018 estimated tax. Wednesday, Jan. 16 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 9-11. Friday, Jan. 18 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 12-15. Thursday, Jan. 24 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 16-18. Friday, Jan. 25 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 19-22. Wednesday, Jan. 30 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Jan. 23-25. Thursday, Jan. 31 Employers file Form 941, Employer’s Quarterly Federal Tax Return, for 4th quarter 2018 (if tax deposited in full and on time, file by Feb. 11). Qualifying small employers file annual Form 944, Employer’s Annual Federal Tax Return, for 2018 (in lieu of quarterly Form 941s). Employers file Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, for 2018 (if tax was deposited in full and on time, file by Feb. 11). Furnish copies of Form W-2, Wage and Tax Statement, for 2018 to employees. Employers file Copy A of all Forms W-2 issued for 2018 with the Social Security Administration. Paper Forms W-2 should be accompanied by a Form W-3, Transmittal of Wage and Tax Statements. Furnish information returns to payees for payments made in 2018. File information returns with the IRS for nonemployee compensation paid in 2018. Individuals file individual income tax return for 2018 in lieu of Jan. 15 estimated tax payment. File Form 945, Annual Return of Withheld Federal Income Tax, for 2018 to report income tax withheld on non-payroll items. Intuit® ProConnect™ Resources: The January 2019 Calendar with filing deadlines and reminders for you and your clients Key Tax Facts for 2018 5 Key Tax Changes for Your Individual Clients in 2018 As always, visit Intuit ProConnect for more information and training resources. Previous Post Tax Implications and Sales Requirements on Employee Stock Purchase Plans Next Post Tax Reform 101 for the Semi-Retired Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts. More from Intuit Accountants Team Comments are closed. Browse Related Articles Practice Management Partnering to power prosperity Workflow tools Why we talk so much about QuickBooks® Online Tax Law and News Tax relief for victims of Hurricane Milton Advisory Services How tax pros work with controllers vs CFOs Advisory Services Helping clients with healthcare planning Practice Management Reshaping accounting: Millennials and Gen Zs Workflow tools 3 guides to moving your clients to QuickBooks® Online Practice Management Intuit introduces Intuit® Enterprise Suite Advisory Services 7 Intuit® Tax Advisor updates Advisory Services Debunking 3 common myths about reasonable comp