There’s no way around it — the end of the year means paperwork and tax filings for business owners. And if you’re not careful with filing business taxes correctly, you may find your company slapped with unexpected fines.
But it’s not just tax filings you have to worry about. It’s also end of year bonuses and commissions, rounding out 401(k) contributions, informing employees about their FSA funds, and a multitude of other tasks. All these tasks can feel daunting for any business.
Getting organized is the first step in navigating the end-of-year rush. That’s why we’ve created a downloadable document for employers that lists common federal tax filings and dates.
Close out the year’s tasks with our informative tax return checklist.
This checklist includes:
- Name and overview of common federal tax filings
- Due dates
- Checkbox for completion
While some federal tax filings are due at the end of January, other forms aren’t due until as late as mid-April.
Keep in mind that this checklist is not exhaustive, and different or additional requirements may apply to your particular business. Also, state and localities may have different forms and filing deadlines. If you’re unsure of what forms or tasks apply to your company, it’s best to reach out to your tax advisor or legal counsel.
Ready to check those boxes and move onto planning for the new year? You can download the checklist for free here.
How Justworks Can Help
We’re guessing you didn’t get into business just to file paperwork. Justworks is an IRS-certified Professional Employer Organization (PEO) that can help you manage your payroll and related tax paperwork, and in many cases, can file for you. That means at the end of the year, you’ll have a few less items on your list to worry about. You can learn more about us here.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, legal or tax advice. If you have any legal or tax questions regarding this content or related issues, then you should consult with your professional legal or tax advisor.