April 2016 Tax and Compliance Deadlines

Congratulations! You’ve made it through most of busy season. Although you’re still very busy, don’t forget to keep up with important compliance deadlines. Here’s a list for review. As always, Intuit® ProConnect™ is pleased to offer guidance and information to all tax practitioners.

In April, it is recommended that you:

• File extensions for individual clients who will not meet the April 15 filing deadline.
• Conduct reviews of clients’ prior year returns to determine need for amended returns.

Key Compliance Dates:

• Friday, April 1 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 26–29.
• Wednesday, April 6 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 30–April 1.
• Friday, April 8 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 2–5.
• Monday, April 11 – Tipped employees who received $20 or more in tips during March report them to the employer on Form 4070.
• Wednesday, April 13 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 6–8.

Friday, April 15:

• Individuals file 2015 returns (Form 1040, Form 1040A, or Form 1040EZ); alternatively, file for an automatic six-month extension (Form 4868).
• Partnerships file 2015 information return (Form 1065; alternatively, file for an automatic five-month extension (Form 7004).
• Individuals and calendar-year corporations pay first installment of 2016 estimated tax.
• Monthly depositors deposit FICA and withheld income tax for March.
• Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 9–12.
• Wednesday, April 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 13–15.
• Friday, April 22 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 16–19.
• Wednesday, April 27 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 20-22.
• Friday, April 29 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 20–22.

Intuit Resources:

• • The April 2016 Calendar with filing deadlines and reminders for you and your clients.
  • Key Tax Facts for the 2015 Return

As always, visit Intuit ProConnect for more information and training resources.