Most of us are happy to be putting the past year behind us and turning the calendar to 2021! The new year means it’s time for 2020 tax filings. You may have year-end business reporting needs or may be preparing to file your 2020 Income Tax Return. Here are the due dates to be aware of:
For business entities, information returns such as Form W-2 and Form 1099 are due to the IRS by January 31, 2021. Also due by January 31 are state and local Business and Occupation tax reports and federal and state payroll tax returns.
Corporate income tax returns are generally due by March 15, 2021.
Individual income tax returns are due by April 15, 2021. If you owe tax for 2020, that final payment is also due April 15.
Other entity types or fiscal year filers may have alternative filing deadlines.
Unsure of your filing requirements? Give us a call. We look forward to helping you with your business or individual reporting requirements.