Tax Law and News October 2018 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 Aug 13, 2018 2 min read Welcome to October — a month of football, pumpkin spice lattes, Halloween, and yes, some important tax and compliance deadlines. Here’s a list for your review. In October, it’s recommended that you: Conduct year-end tax planning sessions with individual clients. Remind individual clients to use flexible spending account funds before year end unless plan provides post-year-end grace period or carryover. File returns for individual clients who obtained automatic six-month extensions. Renew Preparer Tax Identification Number (PTIN) for 2019. Key Compliance Dates: Wednesday, Oct. 3 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Sept. 26-28. Friday, Oct. 5 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Sept. 29-Oct. 2. Wednesday, Oct. 10 – Tipped employees who received $20 or more in tips during September report them to the employer on Form 4070. Thursday, Oct. 11 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 3-5. Friday, Oct. 12 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 6-9. Monday, Oct. 15 Monthly depositors deposit FICA and withheld income tax for September. Individuals file 2017 income tax return if automatic six-month extension was obtained. Wednesday, Oct. 17 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 10-12. Friday, Oct. 19 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 13-16. Wednesday, Oct. 24 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 17-19. Friday, Oct. 26 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 20-23. Wednesday, Oct. 31 Employers file Form 941 for the third quarter of 2018 (if tax was deposited in full and on time, file by Nov. 13). Deposit FUTA tax owed through September if more than $500. Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 24-26. Intuit® ProConnect™ Resources: The October 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. Previous Post Tax Reform Takes Some Bite out of the AMT Next Post State Conformity to Federal Section 965 Transition Tax 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 Why you should care about green cloud computing Practice Management Consultant spotlight: Steven G. Advisory Services Understanding your client’s relationship with mon… Practice Management Consultant spotlight: Jonathan Lovitt Practice Management ProConnect™ Tax spotlight: Megan Leesley, CPA Tax Law and News Boo! Extension season horror stories Tax Law and News Tax relief for victims of Hurricane Milton Practice Management Tax Season Readiness virtual conference—Nov. 13-14 Practice Management Lacerte® Tax spotlight: Tania Santos, EA Tax Law and News How to renew your PTIN