Tax Law and News April 2020 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 Intuit Accountants Team Published Mar 31, 2020 1 min read Here are your important tax and compliance deadlines for April 2020. For information about federal and state tax deadline extensions this year, please read “What to know about COVID-19 and taxes: deadline delays, the CARES Act and more.” Key compliance dates: Wednesday, April 1 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 25-27. Friday, April 3 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on March 28-31. Wednesday, April 8 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 1-3. Friday, 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. Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 4-7. Wednesday, April 15: Monthly depositors deposit FICA and withheld income tax for March. Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 8-10. Monday, April 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 11-14. Wednesday, April 22 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 15-17. Friday, April 24 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 18-21. Wednesday, April 29 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on April 22-24. Thursday, April 30 Employers file Form 941, Employer’s Quarterly Federal Tax Return, for the first quarter of 2020 (if tax for the quarter was deposited in full and on time, file by May 11). Employers deposit federal unemployment tax owed through March if more than $500. Intuit® ProConnect™ resources: Key Tax Facts for 2019. Key Tax Developments for 2019. As always, visit Intuit ProConnect for more information and training resources. Previous Post Tax planning strategies: how to maximize the qualified business income… Next Post The first Economic Impact Payment: what your clients need to… Written by Intuit Accountants Team The Intuit® Accountants team provides ProConnect™ Tax, Lacerte® Tax, ProSeries® Tax, and add-on software and services to enable workflow for its customers. Visit us at https://proconnect.intuit.com, or follow us on Twitter @IntuitAccts. More from Intuit Accountants Team 2 responses to “April 2020 tax and compliance deadlines” What are the 2020 estimated tax due dates now that 4/15 has changed to 7/15? At this time, the rest of the estimated payment deadlines remain the same: First quarter 2020 estimated income tax payments are postponed from April 15 to July 15, 2020. However, second quarter 2020 estimated income tax payments are still due on June 15, 2020. Browse Related Articles Practice Management Top 7 advantages of choosing a firm niche Advisory Services Your firm: Maximizing value over volume Practice Management ProSeries® Tax spotlight: Nayo Carter-Gray, EA, MBA Practice Management Consultant Spotlight: Katherine Weiler Webinars Technology and Your Clients: Dec. 19 Webinars Escalating IRS Correspondence: Dec. 17 Webinars Intuit Hosting Hacks: Dec. 18 Webinars 5 Tips to Automate Tax Season: Dec. 17 Webinars SafeSend + Intuit = Engagement: Dec. 10 Webinars What’s New in ProConnect: Dec. 10
At this time, the rest of the estimated payment deadlines remain the same: First quarter 2020 estimated income tax payments are postponed from April 15 to July 15, 2020. However, second quarter 2020 estimated income tax payments are still due on June 15, 2020.