IMPORTANT DEADLINE: Deduction
2020-12-31
Last date to make payments that can be deducted from 2020 return for cash basis taxpayer.
Last date to establish a Keogh plan or 401(k) to deduct a contribution on 2020 return.
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IMPORTANT DEADLINE: Individuals
2021-01-15
INDIVIDUALS:
Make a payment of your estimated tax for 2020 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. This is the final installment date for 2020 estimated tax payments. However, you don’t have to make this payment if you file your 2020 return (Form 1040 or Form 1040-SR) and pay any tax due by January 31, 2021.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-02-01
BENEFIT PLAN DEADLINE (12/31 year end):
Form 1099-R due to participants who received distribution in 2020.
Form W-2 due to report employee’s active participant status for 2020.
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: All Employers and Businesses
2021-02-01
ALL EMPLOYERS:
All employers must have distributed 2020 W-2 forms to their employees and Form 1099s to their proper recipients.
BUSINESSES: Give annual information statements to recipients of certain payments you made during 2020. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. Payments that may be covered include the
following.

Cash payments for fish (or other aquatic life) purchased from anyone engaged in
the trade or business of catching fish.
Compensation for workers who aren’t considered employees (including fishing
boat proceeds to crew members).
Dividends and other corporate distributions.
Interest.
Rent.
Royalties.
Payments of Indian gaming profits to tribal members.
Profit-sharing distributions.
Retirement plan distributions.
Original issue discount.
Prizes and awards.
Medical and health care payments.
Debt cancellation (treated as payment to debtor).
Cash payments over $10,000. See the Form 8300 instructions.

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IMPORTANT DEADLINE: Individuals
2021-02-16
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 by this date to continue your exemption for another year.
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IMPORTANT DEADLINE: Businesses
2021-02-16
Businesses:
Give annual information statements to recipients of certain payments you made during 2020. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. This due date applies only to the following types of payments.

All payments reported on Form 1099-B.
All payments reported on Form 1099-S.
Substitute payments reported in box 8 or gross proceeds paid to an attorney reported in box 14 of Form 1099-MISC.

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IMPORTANT DEADLINE: Businesses
2021-03-01
Businesses:
File information returns (for example, certain Forms 1099) for certain payments you made during 2020. These payments are described under February 1, earlier. However, Form 1099-NEC reporting nonemployee compensation must be filed by February 1. There are different forms for different types of payments. Use a separate Form 1096 to summarize and transmit the forms for each type of payment. See the General Instructions for Certain Information Returns for information on what payments are covered, how much the payment must be before a return is required, which form to use, and extensions of time to file.
If you file Forms 1097, 1098, 1099 (except a Form 1099-NEC reporting nonemployee compensation), 3921, 3922, or W-2G electronically, your due date for filing them with the IRS will be extended to March 31. The due date for giving the recipient these forms generally remains February 1.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: S-Corps, Large Partnerships, and Partnerships
2021-03-15
S-CORPORATIONS: File a 2020 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 (Form 1120S) or substitute Schedule K-1 (Form 1120S).
S-CORPORATION ELECTIONS: File Form 2553 to elect to be treated as an S corporation beginning with calendar year 2021.
PARTNERSHIPS & LARGE PARTNERSHIPS: File a 2020 calendar year return (Form 1065). Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1065).
To request an automatic 6-month extension of time to file the return, file Form 7004. Then, file the return and provide each partner with a copy of their final or amended (if required) Schedule K-1 (Form 1065) by September 15.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-03-15
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, 2021 to make corrective contributions without a 10% excise tax.
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: International
2021-03-15
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 with a US owner. An automatic 6-month extension is available, using Form 7004.
Form 8804 must be filed to report withholding tax on income from partnerships with foreign partners. A 5-month extension using Form 7004 can be filed. This is NOT an extension to pay.
For additional information on these deadlines or our international services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-04-01
BENEFIT PLAN DEADLINE (12/31 year end):
Required Minimum Distribution (RMD) beginning date for 5% owners and terminated participants who turned 72 in 2020. 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 us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-04-15
BENEFIT PLAN DEADLINE (12/31 year end):
Corrective distribution of 402(g) (excess deferrals)
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IMPORTANT DEADLINE: International
2021-04-15
Deadline to file FINCen 114 (Formerly known as Form TD F 90-22.1) (FBAR). Reporting is on a calendar year, regardless of the taxpayer’s fiscal year elected.
Foreign-owned U.S. disregarded entities must paper file a pro-forma Form 1120 and Form 5472. An automatic extension to October 15, 2021 using Form 7004 is available.
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IMPORTANT DEADLINE: Individuals, IRAs, C-Corps, Corporations and Trusts
2021-04-15
On March 17, the Treasury and IRS extended the time period to file and pay INDIVIDUAL taxes until May 17.
As of the March 17 notice, this does not extend first quarter estimates or state filings, except for the State of Maryland.
Learn more about this Individual Tax Day Extension.
On March 29, the IRS extended additional tax deadlines for individuals to May 17. Learn more about these changes on the IRS website.
INDIVIDUALS: On March 17, the Treasury and IRS extended the time period to file and pay INDIVIDUAL taxes until May 17.
C-CORPS: C-Corps file calendar year 2020 tax returns and pay any money still due. They can file an automatic 6-month extension using Form 7004 BUT this is NOT an extension to pay.
IRA: On March 29, the IRS extended the time period to make contributions to 2020 IRA & Roth IRAs until May 17.
INDIVIDUALS & CORPORATIONS: If you’re not paying your 2021 income tax through withholding (or won’t pay in enough tax during the year that way), pay the first installment of your 2021 estimated tax. Use Form 1040-ES. For more information, see Pub. 505.
CORPORATIONS: For calendar year corporations, deposit the first installment of estimated income tax for 2021. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
TRUSTS: 2020 tax returns must be filed or extended. The balance due must be paid. An automatic extension to September 30, 2021 using Form 7004 can be filed. This is NOT an extension to pay.

For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Individuals
2021-04-30
2020 Delaware tax returns must be filed or extended. The balance due must be paid. An automatic 6-month extension using Form 1027 can be filed. This is NOT an extension to pay.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Nonprofits
2021-05-17
NONPROFITS:
Form 990 filing deadline for calendar year nonprofit organizations.

IMPORTANT DEADLINE: Individuals & IRAs
2021-05-17
INDIVIDUALS: On March 17, the Treasury and IRS enacted an automatic extended time period for individuals to file and pay 2020 taxes from April 15 to May 17. File a 2020 Form 1040 or Form 1040-SR and pay any tax due. If you want an extension of time to file the return to October, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest. Then, file Form 1040 or Form 1040-SR by October 15. Learn more about the Individual Tax Deadline Extension Notice from the IRS.
IRA: On March 29, the IRS extended the time period to make contributions to 2020 IRA & Roth IRAs from April 15 to May 17. Learn more about these changes on the IRS website.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: International
2021-06-15
Deadline for 2020, individual tax returns for US taxpayers residing abroad and partnerships which keep their books and records outside the United States (automatic 2-month extension from April 15). An automatic extension to December 15, 2021, using Form 4868 is available as long as individuals did not receive US wages. This is NOT an extension to pay.
For additional information on these deadlines or our international services, please click here to contact us.

IMPORTANT DEADLINE: Individuals and Corporations
2021-06-15
INDIVIDUALS: Make a payment of your 2021 estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the second installment date for estimated tax in 2020. For more information, see Pub. 505.
CORPORATIONS: For calendar year corporations, deposit the second installment of estimated income tax for 2021. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Employee Benefit Plans
2021-06-30
EMPLOYEE BENEFIT PLANS:
Corrective distribution for failed ADP/ACP without 10% excise tax (EACA only)
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-07-30
BENEFIT PLAN DEADLINE (12/31 year end):
Summary of Material Modifications (SMM) or Summary Plan Description (SPD) must be distributed within 210 days after the end of the plan year when a plan’s provisions have material changes
Corrective distribution for failed ADP/ACP without 10% excise tax (EACA only)
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: Employers with Employee Benefit Plans
2021-07-30
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 public accountant, 5500-EZ or Form 5500-SF, if not extending
Form 8955-SSA – Annual registration statement identifying separated participants with deferred vested benefits, if not extending
Form 5558 – Request for extension of time to file Form 5500 annual report and Form 8955-SSA
Form 5330 – Return of excise taxes related to Employee Benefit Plans – used to report and pay excise taxes on prohibited transactions and excess 401(k) Plan contributors that occurred in 2020.
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: Individuals, Corporations, S-Corps, Large Partnerships, Partnerships and International
2021-09-15
INDIVIDUALS: Make a payment of your 2021 estimated tax if you are not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the third installment date for estimated tax in 2021. For more information, see Pub. 505.
CORPORATIONS: For calendar year corporations, deposit the third installment of estimated income tax for 2021. A worksheet, Form 1120-W, is available to help you estimate your tax for the year.
S-CORPORATIONS: File a 2020 calendar year income tax return (Form 1120-S) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension of time to file the return. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120–S) or substitute Schedule K-1 (Form 1120–S).
PARTNERSHIPS & LARGE PARTNERSHIPS:?File a 2020 calendar year return (Form 1065). This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 16. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065).
INTERNATIONAL:?Final extended deadline to file Form 8804 if a 6-month extension was filed in March.
Final extended deadline for Form 1042 if a 6-month extension was filed in March.
Final extended deadline for Form 3520-A if a 6-month extension was filed in March.
For additional information on these deadlines or our international services and tax services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-09-30
BENEFIT PLAN DEADLINE (12/31 year end):
Summary Annual Report (SAR). Later of nine months after close of plan year or two months after due date of Form 5500. The extended due date is December 15.
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: Trusts
2021-10-01
Must file a completed 2021 tax return if a 5-1/2-month extension was filed in April.
For additional information on these deadlines or our estate and trust services and tax services, please click here to contact us.

IMPORTANT DEADLINE: Deductions
2021-10-01
Last day to establish a SIMPLE IRA for 2021 contribution deductions.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Benefit Plans (12/31 year end)
2021-10-15
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 public accountant, 5500-EZ or Form 5500-SF, if extended
Form 8955-SSA – Annual registration statement identifying separated participants with deferred vested benefits, if extended
For additional information on these deadlines or our employee benefit plan audit services, please click here to contact us.

IMPORTANT DEADLINE: International
2021-10-15
Final deadline for filing automatically extended 2020 FinCEN 114.
Discretionary 2-month additional extension of time to file until December 15, 2021 is available for individuals who are out of the country. A letter explaining the reasons for this request must be filed.
Final extended deadline for Foreign-owned U.S. disregarded entities who must paper file a pro-forma Form 1120 with Forms 5472 attached.
For additional information on these deadlines or our international services and tax services, please click here to contact us.

IMPORTANT DEADLINE: Individuals
2021-10-15
If you have an automatic 6-month extension to file your income tax return for 2020, file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due.
For additional information on these deadlines or our tax services, please click here to contact us.

IMPORTANT DEADLINE: Corporations
2021-10-15
File a 2020 calendar year income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see April 15, earlier.
For additional information on these deadlines or our tax services, please click here to contact us.
