November 2019 Tax and Compliance Deadlines

It’s time to give thanks for our bounty! Whether you’re feasting on turkey and dressing, or watching some great football games, be sure to take the time to review some important tax and compliance deadlines for November.

In November, it’s recommended that you:

• Remind individual clients whose withholding status will change in 2020 to submit new W-4 forms, Employees Withholding Allowance Certificates, to their employers.
• Remind individual clients who may have underpaid estimated taxes to increase their withholding from salary and wages to make up for shortfall.
• Renew your Preparer Tax Identification Number for 2020.
• Register online to use IRS e-services.
• Set up tax preparation software and test e-filing. Download IRS e-file logo and order IRS e-file marketing materials. See the EFTPS Tool Kit.

Key Compliance Dates:

Friday, Nov. 1 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 26-29.

Wednesday, Nov. 6 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Oct. 30-Nov. 1.

Friday, Nov. 8 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 2-5.

Tuesday, Nov. 12:

• File Form 941, Employer’s Quarterly Federal Tax Return, for the third quarter of 2019 if tax for the quarter was deposited in full and on time.
• Tipped employees who received $20 or more in tips during October report them to the employer on Form 4070, Employee’s Report of Tips to Employer.

Thursday, Nov. 14 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 6-8.

Friday, Nov. 15:

• Monthly depositors deposit FICA and withheld income tax for October.
• Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 9-12.

Wednesday, Nov. 20 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 13-15.

Friday, Nov. 22 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 16-19.

Wednesday, Nov. 27 – Semiweekly depositors deposit FICA and withheld income tax on wages paid on Nov. 20-22.

Intuit® ProConnect™ Resources:

• The November 2019 Calendar with filing deadlines and reminders for you and your clients.
• Key Tax Facts for 2019.
• Key Tax Developments for 2019.

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