April 2017 Tax and Compliance Deadlines

Congratulations! You’ve made it through most of tax season. Although you’re still very busy, it’s important to keep up with important compliance deadlines. Here’s a list for review.

In April, it is recommended that you:

• File extensions for individual clients who will not meet the April 18 filing deadline.
• Conduct reviews of clients’ prior year returns to determine need for amended returns.
• File extensions for corporate clients that will not meet April 18 filing deadline.

Key Compliance Dates:

• Wednesday, April 5 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 29-31.
• Friday, April 7 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 1-4.
• Monday, April 10 – Tipped employees who received $20 or more in tips during March report them to the employer on Form 4070.
• Wednesday, April 12 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 5-7.
• Friday, April 14 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 8-11.
• Tuesday, April 18:
  • Individuals file 2016 returns (Form 1040, Form 1040A or Form 1040EZ); alternatively, file for an automatic six-month extension (Form 4868).
  • New Due Date: Calendar-year C corporations file 2016 returns on Form 1120; alternatively, file for an automatic five-month extension.
  • Individuals and calendar-year corporations pay first installment of 2017 estimated tax.
  • Monthly depositors deposit FICA and withheld income tax for March.

• Wednesday, April 19 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 12-14.
• Friday, April 21 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 15-18.
• Wednesday, April 26 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 19-21.
• Friday, April 28 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 22–25.

Intuit® ProConnect™ Resources:

• The April 2017 Calendar with filing deadlines and reminders for you and your clients
• Key Tax Facts for the 2016 Return
• New Tax Law Changes for 2016

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