Tax Law and News April 2018 Tax and Compliance Deadlines Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Dorinda DeScherer Published Mar 30, 2018 2 min read While you’re busy finishing up the tax returns for individual and business clients, don’t forget about this month’s important tax and compliance deadlines. In April, it is recommended that you: File extensions for individual clients who will not meet the April 17 filing deadline. Conduct reviews of your clients’ prior-year returns to determine the need for amended returns. File extensions for corporate clients that will not meet April 17 filing deadline. Key Compliance Dates: Monday, April 2: File information returns (other than returns for nonemployee compensation) if filing electronically. Large food and beverage establishments file Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, if filing electronically. Wednesday, April 4 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 28-30. Friday, April 6 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 31-April 3. Tuesday, April 10 – Tipped employees who received $20 or more in tips during March report them to the employer on Form 4070, Employee’s Report of Tips to Employer. Wednesday, April 11 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 4-6. Friday, April 13 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 7-10. Tuesday, April 17: Individuals file 2017 returns (Form 1040, Form 1040A or Form 1040EZ); alternatively, file for an automatic six-month extension (Form 4868, Application for Automatic Extension to File U.S. Individual Income Tax Return). Calendar-year C corporations file 2017 returns on Form 1120, U.S. Corporation Income Tax Return; alternatively, file for an automatic five-month extension using Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns. Individuals and calendar-year corporations pay the first installment of 2018 estimated tax. Monthly depositors deposit FICA and withheld income tax for March. Wednesday, April 18 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 11-13. Friday, April 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 14-17. Wednesday, April 25 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 18-20. Friday, April 27 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 21-24. Monday, April 30: Employers file Form 941, Employer’s Quarterly Federal Tax Return, for the first quarter of 2018 (if tax for the quarter was deposited in full and on time, file by May 10). Employers deposit federal unemployment tax owed through March if more than $500. Intuit® ProConnect™ Resources: The April 2018 Calendar with filing deadlines and reminders for you and your clients Key Tax Facts for 2017 New Tax Developments for 2017 and Beyond As always, visit Intuit ProConnect for more information and training resources. Previous Post TaxProTalk, Episode 12 Next Post What to Tell Clients About Amending Returns Written by Dorinda DeScherer Dorinda DeScherer is an attorney specializing in tax and employment law. She is an honors' graduate of Barnard College of Columbia University and the University of Maryland School of Law. She is currently a principal with Editorial Resource Group, where she specializes in writing and editing professional publications. More from Dorinda DeScherer One response to “April 2018 Tax and Compliance Deadlines” Very complete post, thanks a lot for the information! Browse Related Articles Practice Management Intuit® Tax Council Profile: Shahab Maslehati Workflow tools Why we talk so much about QuickBooks® Online Advisory Services How tax pros work with controllers vs CFOs Advisory Services Helping clients with healthcare planning Practice Management Reshaping accounting: Millennials and Gen Zs Tax Law and News Tax relief for victims of Hurricane Helene Workflow tools 3 guides to moving your clients to QuickBooks® Online Practice Management Intuit introduces Intuit® Enterprise Suite Practice Management Partnering to power prosperity: Intuit and the accounti… Advisory Services 7 Intuit® Tax Advisor updates