November 2018 Tax and Compliance Deadlines

Welcome to November — the month of turkey, holiday shopping, family gatherings, and yes, some important tax and compliance deadlines. Here’s a list for your review.

In November, it’s recommended that you:

• Remind individual clients whose withholding status will change in 2019 to submit new W-4 forms to their employers.
• Remind individual clients who may have underpaid estimated taxes to increase withholding from salary and wages to make up for shortfall.
• Register online to use IRS e-services. Preparers who anticipate filing 11 or more 1040, 1040A, 1040EZ and 1041 returns during the year must file electronically.
• Set up tax preparation software and test e-filing. Download IRS e-file logo and order IRS e-file marketing materials. See the EFTPS Tool Kit.

Key Compliance Dates:

Friday, Nov. 2 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 27-30.

Wednesday, Nov. 7 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 31-Nov. 2.

Friday, Nov. 9 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 3-6.

Tuesday, Nov. 13 – File form 941 for the third quarter of 2018 if tax for the quarter was deposited in full and on time.

Wednesday, Nov. 7

• Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 31-Nov. 2.
• Tipped employees who received $20 or more in tips during October report them to the employer on Form 4070.

Wednesday, Nov. 14 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 7-9.

Thursday, Nov. 15 – Monthly depositors deposit FICA and withheld income tax for October.

Friday, Nov. 16 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 10-13.

Wednesday, Nov. 21 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 14-16.

Monday, Nov. 26 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 17-20.

Wednesday, Nov. 28 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 21-23.

Friday, Nov. 30 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 24-27.

Intuit® ProConnect™ Resources:

• The November 2018 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.