2016 Tax Deadlines for Texas Small Businesses

The New Year means it’s time to update your calendar with this year’s tax filing deadlines. I realize it’s not as much fun as updating your calendar with the dates for this year’s vacation or family celebrations, but if you don’t want to spend your vacation money on penalties for filing late – you should probably take a minute to make a note of them.

Note: This calendar covers the deadlines that most businesses must meet. It does not cover every deadline or every situation. Please contact the office if you are concerned about deadlines for your particular situation.

January

15th – Employers – Deposit Payroll Taxes for monthly depositors.
20th – Texas Sales Tax reports and payments are due for monthly filers.
31st – Employers – File and pay quarterly unemployment reports with Texas Workforce.

February

1st – Furnish forms W-2 and 1099 to employees and contractors.
1st – Employers – File forms 941 and 940.
16th – Employers – Deposit Payroll Taxes for monthly depositors.
22nd – Texas Sales Tax reports and payments are due for monthly filers.
29th – File W-2 and 1099s with the Social Security Administration or the IRS.

March

15th – Corporations – File form 1120 or request an extension.
15th – S Corporations – File form 1120S or request an extension.
15th – Employers – Deposit Payroll Taxes for monthly depositors.
21st – Texas Sales Tax reports and payments are due for monthly filers.

April

15th – Tarrant Appraisal District Business Personal Property Tax Renditions are due.
18th – Individuals – File form 1040 or request an extension. First 2015 estimated payment is due, if applicable.
18th – Partnerships – File form 1065 or request an extension.
18th – Employers – Deposit Payroll Taxes for monthly depositors.
20th – Texas Sales Tax reports and payments are due for monthly filers.
30th – Employers – File and pay quarterly unemployment reports with Texas Workforce.

May

2nd – Employers – File form 941 and deposit FUTA tax (form 940) if required.
16th – Employers – Deposit Payroll Taxes for monthly depositors.
16th – Texas Entities – Texas Franchise Tax Reports and payments are due.
20th – Texas Sales Tax reports and payments are due for monthly filers.

June

15th – Employers – Deposit Payroll Taxes for monthly depositors.
15th – Individuals – Second 2015 estimated payment is due, if applicable.
20th – Texas Sales Tax reports and payments are due for monthly filers.

July

15th – Employers – Deposit Payroll Taxes for monthly depositors.
20th – Texas Sales Tax reports and payments are due for monthly filers.
31st – Employers – File and pay quarterly unemployment reports with Texas Workforce.

August

1st – Employers – File form 941 and deposit FUTA tax (form 940) if required.
15th – Employers – Deposit Payroll Taxes for monthly depositors.
22nd – Texas Sales Tax reports and payments are due for monthly filers.

Sept

15th – Employers – Deposit Payroll Taxes for monthly depositors.
15th – Corporations – File form 1120 if you requested an extension.
15th – S Corporations – File form 1120S if you requested an extension.
15th – Partnerships – File form 1065 if you requested an extension.
15th – Individuals – Third 2015 estimated payment is due, if applicable.
20th – Texas Sales Tax reports and payments are due for monthly filers.

October

17th – Individuals – File form 1040 if you requested an extension.
17th – Employers – Deposit Payroll Taxes for monthly depositors.
20th – Texas Sales Tax reports and payments are due for monthly filers.
31st – Employers – File form 941 and deposit FUTA tax (form 940) if required.
31st – Employers – File and pay quarterly unemployment reports with Texas Workforce.

November

15th – Employers – Deposit Payroll Taxes for monthly depositors.
21st – Texas Sales Tax reports and payments are due for monthly filers

December

15th – Employers – Deposit Payroll Taxes for monthly depositors.
20th – Texas Sales Tax reports and payments are due for monthly filers.