Copyright 2008 Bookkeeping R Us All Rights Reserved
March 3
Farmers and Fishermen: File your 2007 income tax return (Form 1040) and pay any tax due
March 5
Deposit Payroll Tax for payments on Feb 27-29 if the semiweekly rule applies
March 7
Deposit Payroll Tax for payments on Mar 1-4 if the semiweekly deposit rule applies
March 10
Employers are required to report to you tips of $20 or more earned during February
March 12
Deposit Payroll Tax for payments on Mar 5-7 if the semiweekly deposit rule applies
March 14
Deposit Payroll Tax for payments on Mar 8-11 if the semiweekly deposit rule applies
March 17
Deposit Payroll Tax for February if the monthly deposit rule applies
Corporations - File a 2007 calendar year income tax return (Form 1120 or 1120A)
S Corporations - File a 2007 calendar year income tax return (Form 1120-S) and provide shareholders with a copy of Sch. K-1
S Corporation Election - File Form 2553 to choose to be treated as an S Corporation beginning the calendar year 2008
Electing Large Partnerships: Provide each partner with a copy of Sch K-1
March 19
Deposit Payroll Tax for payments on Mar 12-14 if the semiweekly deposit rule applies
March 21
Deposit Payroll Tax for payments on Mar 15-18 if the semiweekly deposit rule applies
March 26
Deposit Payroll Tax for payments on Mar 19-21 if the semiweekly deposit rule applies
March 28
Deposit Payroll Tax for payments on Mar 22-25 if the semiweekly deposit rule applies
March 31
Electronic filing of Forms W-2, W-2G, 1098, 1099 and 8027
File Form 730 and pay the tax on wagers accepted during February
File Form 2290 and the tax for vehicles first used in February
This listing represents the most common filing and deposit requirements for small businesses, but is not intended to cover every tax and tax filing due for every business or individual. Should you have any questions regarding your individual situation, please consult with your accountant, your tax preparer or the Internal Revenue Service.
You may also have state and/or local returns and deposits due doing the month of March depending on the location of your business. Check with your local and state government agencies for more information.