Small Business Accounting Specialist

We prefer to take a proactive and not a reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Download your business tax checklist now.

Our tax services include, but are not limited to:

  • Tax planning
  • Advising on tax issues
  • Preparation of corporate income tax returns
  • Preparation of partnership income tax returns
  • Preparation of personal income tax returns

Tax Calender 2013 Due Dates

Here are the primary 2013 tax due dates. The effects of weekends, and federal (but not state) holidays have been taken into account.

January 15, 2013. Individuals.

Make a payment of your estimated tax for 2012, if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040-ES or pay by credit card or by EFTPS. This is the final installment date for 2012 estimated tax. However, you don't have to make this payment if you file your 2012 return (Form 1040) and pay any tax due by Feb. 1, 2013.

January 15, 2013. Farmers and fishermen.

Pay your estimated tax for 2012 using Form 1040-ES or pay by credit card or by EFTPS. You can then file your 2012 income tax return (Form 1040) by Apr. 15. If you don't pay at this time, your 2012 return will be due Mar. 1, 2013.

January 31, 2013. All employers.

Give your employees their copies of Form W-2 for 2012.

February 1, 2013. All businesses.

Give an annual information statement to recipients of certain payments you made during 2012. (You can use a copy of the appropriate Form 1099.)

February 1, 2013. Individuals.

File your income tax return (Form 1040) for 2012 if you didn't pay your last installment of estimated tax by Jan. 15. Filing your return now prevents any penalty for late payment of the last installment.

March 1, 2013. All businesses.

File an information return (Form 1099) with IRS for certain payments you made during 2012. There are different versions of Form 1099 for different types of payments. Use a separate Form 1096 to summarize and transmit each separate version. For a 30-day extension of time to file, use Form 8809. The due date for electronic filers is Mar. 31, 2013.

February 28, 2013. All employers.

File Form W-3 along with Copy A of all the Form W-2s you issued for 2012. The due date for electronic filers is Mar. 31, 2013.

March 1, 2013. Large food and beverage establishment employers.

File Form 8027 to report tip income and allocated tips. Use Form 8027-T to summarize and transmit Form 8027 if you have more than one establishment. The due date for electronic filers is Mar. 31, 2013.

March 1, 2013. Farmers and fishermen.

File your 2012 income tax return (Form 1040) and pay any tax due. However, you have until Apr. 15, if you paid your 2012 estimated tax by Jan. 15, 2013.

March 15, 2013. C corporations and S corporations.

File a 2012 calendar year income tax return (Form 1120 or Form 1120S ) and pay any tax still due. If you want an automatic six-month extension, file Form 7004 and deposit what you estimate you owe.

March 15, 2013. S elections.

File Form 2553 to choose to be treated as an S corporation, beginning with calendar year 2013. If Form 2553 is filed late, S treatment will begin with calendar year 2013 (unless IRS determines there was reasonable cause for failure to file on time).

March 15, 2013. Electing large partnerships.

Provide each partner with a copy of Schedule K-1 of Form 1065-B.

March 31, 2013. Electronic filers of information returns.

File information returns listed under Mar. 1 (e.g., Form 1099s, Form W-2s, etc.), which is the due date for non-electronic filers.

April 15, 2013. Individuals.

File an income tax return for 2012 (Form 1040, Form 1040A, or Form 1040EZ), and pay any tax due. Taxpayers who can't make payments should request (on Form 9465) an agreement to pay in installments. If you want an automatic 6-month extension to file, file Form 4868 and estimate your tax or pay by credit card. Then file Form 1040 or Form 1040A by Oct. 15.

If you paid cash wages of $1,700 or more in 2012 to a household employee you must file Schedule H with your income tax return (Form 1040) and report any employment taxes and withheld income taxes for those employees.

Contributions to an IRA for 2012 must be made by this date.

If you aren't paying your 2013 income tax through withholding (or won't pay in enough tax during the year that way), pay the first installment of your 2013 estimated tax by this date. Use Form 1040-ES or pay by credit card or by EFTPS.

April 15, 2013. Partnerships.

File a 2012 calendar year return (Form 1065) and provide each partner with a copy of Schedule K-1. If you want an automatic 5-month extension to file the return and provide Schedule K-1 or a substitute Schedule K-1, file Form 7004. Then file Form 1065 by Sept. 15.

 

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Espen Jansen, MBA, CPA
Small Biz Pros CPA
4820 Rusina Rd., Ste. B
Colorado Springs, CO 80907