e-newsletter client login
articles and presentations
financial calculators
record retention
tax news
useful site links

Join our mailing list

We publish an e-newsletter that includes the latest news and tax alerts. To subscribe, enter your email address below:


 
February 2017 Tax Compliance Calendar

February 2017

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important federal tax reporting and filing data for individuals, businesses and other taxpayers for the month of February 2017.

February 1

Employers. Semi-weekly depositors must deposit employment taxes for Jan 25–Jan 27.

February 3

Employers. Semi-weekly depositors must deposit employment taxes for Jan 28–Jan 31.

February 8

Employers. Semi-weekly depositors must deposit employment taxes for Feb 1–Feb 3.

February 10

Employees who work for tips. Employees who received $20 or more in tips during January must report them to their employer using Form 4070.

Employers. File Form 945 to report income tax withheld for 2016 on all nonpayroll items if previously deposited the tax for the year timely, properly and in full.

Employers. File Form 940 to report federal unemployment tax if previously deposited the tax for the year timely, properly and in full.

Certain small employers. File Form 944 to report social security and Medicare taxes and withheld income tax for 2016 only if previously deposited the tax for the year timely, properly and in full.

Farm employers. File Form 943 to report social security and Medicare taxes and withheld income tax for 2016 if previously deposited the tax for the year timely, properly and in full.

February 15

Employers. Semi-weekly depositors must deposit employment taxes for Feb 8–Feb 10.

Individuals. Employees claiming exemption from income tax withholding last year on Form W-4, Employee's Withholding Allowance Certificate, must resubmit that claim of exemption to their employer.

Businesses. Provide annual information statements to recipients of payments reported, in 2016, on Form 1099-B, Form 1099-Sand substitute payments reported in box 8 or gross proceeds paid to an attorney reported in box 14 of Form 1099-MISC.

Employers. For those to whom the monthly deposit rule applies, deposit employment taxes and nonpayroll withholding for payments in January 2016.

February 16

Employers. Withhold income tax from the pay of any employee who claimed exemption from withholding in 2016, but who did not provide Form W-4 to continue the exemption for the current year.

February 17

Employers. Semi-weekly depositors must deposit employment taxes for Feb 11–Feb 14.

February 23

Employers. Semi-weekly depositors must deposit employment taxes for Feb 15–Feb 17.

February 24

Employers. Semi-weekly depositors must deposit employment taxes for Feb 18–Feb 21.

February 28

Businesses. File information returns for certain payments made by January 31, 2017, to include, payments associated with cash payments for fish, compensation for workers who aren’t considered employees, dividends and other corporate distributions, interest, rent and royalties, payments of Indian gaming profits to tribal members, profit-sharing distributions, retirement plan distributions, original issue discount, prizes and awards, and medical health care payments.

Payers of gambling winnings. File Form 1096 with Copy A of all Forms W-2G issued in 2016 unless filing electronically.

Large food and beverage establishment employers. File Form 8027 and Use Form 8027-T to summarize and transmit Forms 8027 if there is more than one establishment unless filing electronically.

Health coverage reporting. Applicable Large Employers file paper Forms 1094-C and 1095-C with the IRS unless filing electronically. All other providers of minimum essential coverage file paper Forms 1094, B and 1095-B with the IRS unless filing electronically.

March 1

Employers. Semi-weekly depositors must deposit employment taxes for Feb 22–Feb 24.

March 3

Employers. Semi-weekly depositors must deposit employment taxes for Feb 25–Feb 28.

Founded in 1957, Grossman St. Amour CPAs PLLC is located in the historic Armory Square district of Syracuse, New York. The Firm provides businesses and individuals with professional services in the areas of accounting, audit, taxation, business planning and valuation, financial planning, investment consulting, and fraud examination and deterrence. For information about how we can be of service to you, we invite you to visit www.gsacpas.com, or contact us at 315.424.1120.

 




back to articles & presentations

 
ssc
 

 


Grossman St. Amour CPAs PLLC
110 West Fayette Street, One Lincoln Center, Suite 900 • Syracuse, NY 13202
T 315.424.1120   F 315.422.0829   info@gsacpas.com
Privacy Policy
  PrimeGlobal

Home
| About Us | Our Team | Firm News | Community Involvement | Associations/Memberships | Client Testimonials | Accounting & Auditing Services | Audit & Attest Engagements | Financial Statement Preparation | Bookkeeping | Internal Control Review | Fraud Examination & Deterrence | Consulting Services | Business Formation & Valuation | Financial Benefits & Retirement Planning | Merger, Acquisition & Succession Planning | Management Consulting | Real Estate Planning | Technology Consulting | Tax Services | Income Tax Return Preparation | Payroll & Sales Tax Return Preparation | Tax Planning for Businesses | Tax Planning for Individuals | IRS and State Tax Audit Representation  | Industries Served  | Affordable Housing | Construction & Real Estate | Employee Benefit Plans | Equestrian Businesses | Fire Districts Government / Municipalities | Medical Practices & Healthcare | Not-For-Profit | Public School Districts | Manufacturing and Retail Distribution | Resources | Articles & Presentations | Financial Calculators | Record Retention Guidelines | Tax News | Useful Site Links | Career Opportunities | Benefits | Employee Testimonials | Contact Information | Directions