ACR Financial Services, Taxes, Investments,

October 2021

10- Employees who work for tips	If you received $20 or more in tips during September, report them to your employer. You can use Form 4070 Employees Report of Tips to Employer.
15- Individuals	If you have an automatic 6-month extension to file your income tax return, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, and penalties due.
15- Electing large Partnerships	File Form 1065-B. This due date applies only if you were given an additional 6-month extension. See March 15 for the due date for furnishing the Schedules K-1 to the partners.
15- Employers	Nonpayroll Withholding. If the monthly deposit rule applies, deposit the tax for payments in September.
15- Employers	Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in September.
31- Employers	Social Security, Medicare, and withheld income tax. File form 941 for the third quarter of the current year. Deposit any undeposited tax. (If your tax liability is less than $2,500, you can pay it in full with a timely filed return.) If you deposited the tax for the quarter in full and on time, you have until November 10 to file the return.
31- Employers	Federal Unemployment Tax. Deposit the tax owed through September if more than $500.
31- Employers	Income Tax Withholding. Ask employees whose withholding allowances will be different in the next calendar year to fill out a new Form W-4.