Small Business Taxes & Management

To Do List -- Federal


Small Business Taxes & ManagementTM--Copyright 2020, A/N Group, Inc.

 

May 11, 2020

 

May 15, 2020

 

Various

Form 8300 (statement to payer of cash of more than $10,000) must be filed with the IRS by the 15th day following the transaction.

 

Semi-Weekly Employment Tax Deposit Schedule for May:

Payroll Date     Deposit Date
Apr 29-May 1 May 6
May 2-5 May 8
May 6-8 May 13
May 9-12 May 15
May 13-15 May 20
May 16-19 May 22
May 20-22 May 28
May 23-26 May 29
May 27-29 Jun 3
May 30-Jun 2 Jun 5
Special Rule: Employers must deposit taxes on next banking day after date employment tax liability exceeds $100,000.

 


Copyright 2020 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. Articles in this publication are not intended to be used, and cannot be used, for the purpose of avoiding accuracy-related penalties that may be imposed on a taxpayer. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536


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