January 2016 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important tax reporting and filing data for individuals, businesses and other taxpayers for the month of January 2016.

January 6
Employers. Semi-weekly depositors must deposit employment taxes for payroll date January 1

January 8
Employers. Semi-weekly depositors must deposit employment taxes for payroll January 2 – 5 

January 11
Employees who work for tips. Employees who received $20 or more in tips during December must report them to their employer using Form 4070. 

January 13
Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 6–8. 

January 15
Individuals. Individuals that did not pay their income tax for the year through withholding (or did not pay in enough tax through withholding) may make a final payment of estimated tax for 2015, using Form 1040-ES, Estimated Tax for Individuals.
Employers. Semi-weekly depositors must deposit employment taxes for payroll date January 9-12. 

January 19
Filing Season. The 2016 filing season officially begins.  

January 21
Employers. Semi-weekly depositors must deposit employment taxes for payroll date January 13–15. 

January 22
Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 16-19. 

January 27
Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 20–22 

January 29
Employers. Semi-weekly depositors must deposit employment taxes for payroll dates January 23–26. 

February 1
Information reporting. All employers must provide their employees with their copies of Form W-2 for 2015. Businesses must give annual information statements to recipients of certain payments made during 2015. Use the appropriate version of Form 1099 or other information return.
Payers of gambling winnings. Payers of reportable gambling winnings or withheld income tax from gambling winnings for 2015 must provide the winners with their copies of Form W-2G.
Nonpayroll items. Those who withheld income tax withheld for 2015 on all nonpayroll items, including backup withholding and withholding on pensions, annuities, IRAs, and gambling winnings.

For regular tax updates by email, click here.

Content provided by CCH. If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.

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