April 18 (normally April 15; however, the deadline changed to April 18 in 2022 due to observance of Emancipation Day).
- If you’re a calendar-year corporation, file a 2021 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.
- Corporations pay the first installment of 2022 estimated income taxes.
- For individuals, file a 2021 income tax return (Form 1040) or file for an automatic six-month extension (Form 4868) and paying any tax due. (See June 15 for an exception for certain taxpayers.)
- For individuals, pay the first installment of 2022 estimated taxes, if you don’t pay income tax through withholding (Form 1040-ES).
May 2
- Employers report income tax withholding and FICA taxes for the first quarter of 2022 (Form 941) and pay any tax due.
May 10
- Employers report income tax withholding and FICA taxes for the first quarter of 2022 (Form 941), if you deposited on time and fully paid all of the associated taxes due.
June 15
- Corporations pay the second installment of 2022 estimated income taxes.
- California – PTE initial payments due for 2022 taxable year
© 2022
Year-End Business Newsletter
/in Tax/by KKB CPAsAs another year ends with interest rates and markets in flux, one thing remains certain: Reducing your company’s tax bill can improve your cash flow and your bottom line. Below are a few timely strategies that you can execute before year end to minimize your company’s tax liability. Continue Reading Year-End Business Newsletter
Happy Thanksgiving
/in Tax/by KKB CPAsHappy Holidays from all of us at KKB! Continue Reading Happy Thanksgiving
Choosing a business entity: Which way to go?
/in Tax/by KKB CPAsChoosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations. Continue Reading Choosing a business entity: Which way to go?