ALL EMPLOYERS WITH EMPLOYEE BENEFIT PLANS: BENEFIT PLAN DEADLINE (12/31 year end): Form 5500 and related schedules, as applicable (A, C, D, E, H, I, R), with opinion of qualified … Continued

INDIVIDUALS: Make a payment of your estimated tax for 2024 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). … Continued

BENEFIT PLAN DEADLINE (12/31 year end): Form 1099-R due to participants who received distribution in 2024.  Form W-2 due to report employee’s active participant status for 2024.  For additional information … Continued

INDIVIDUALS: If you claimed exemption from income tax withholding last year on the Form W-4, Employee’s Withholding Allowance Certificate, you gave your employer, you must file a new Form W-4 … Continued

Businesses: Give annual information statements to recipients of certain payments you made during 2024. You can use the appropriate version of Form 1099 or other information return. Form 1099 can … Continued

Businesses: File information returns (for example, certain Forms 1099) for certain payments you made during 2024. These payments are described under January 31, earlier. However, Form 1099-NEC reporting nonemployee compensation … Continued

Form 1042 is due. An automatic 6-month extension using Form 7004 can be filed. This is NOT an extension to pay.  Form 3520-A is due for calendar year foreign trusts … Continued

BENEFIT PLAN DEADLINE (12/31 year end): Corrective distribution for failed ADP/ACP without 10% excise tax is due (non EACAs only). Eligible Automatic Contribution Arrangements (EACAs) have until June 30, 2025 to … Continued

S-CORPORATIONS: File a 2024 calendar year income tax return (Form 1120S) and pay any tax, interest, and penalties due. Provide each shareholder with a copy of their final or amended Schedule K-1 … Continued

BENEFIT PLAN DEADLINE (12/31 year end): Required Minimum Distribution (RMD) beginning date for 5% owners and terminated participants who turned 72 in 2024. This deadline applies only to the first RMD. Subsequent RMDs must be made by December 31 of each year  For additional information on these deadlines or our employee benefit plan audit services, please click here to contact … Continued