NEW CLIENT

Action

PAYROLL TAXES

Payroll tax deposit of 941 taxes for monthly depositors

W-2s prepared and given to employees

File Forms 941, 940 (1-31 only) or 940EZ, Suta, and Labor and Industries

Payroll tax deposit of 940 taxes if liability is more than $100

Form 1099MISC sent to contractors

File Forms 1099 and W-2s with IRS

CORPORATE INCOME TAXES

Form 1120 "C" corporation and 1120S "S" corporation due date

Form 7004 automatic extension for corporations for 6 months until October 15th to file Form 1120 or 1120S.  There are no 2nd extensions for corporations.

Corporate tax planning

Cash flow projection and budget for next year

Prepare corporate minutes

Form 2553 election for an "S" corporation

Form 1120-W  estimated payment for the current year.

PARTNERSHIP INCOME TAXES

Form 1065 partnership due date

Form 8736 automatic extension for partnerships for 3 months until July 15th to file Form 1065.

Form 8800 additional extension for partnerships for 3 months until October 15th to file Form 1065.

PROPERTY TAXES

County personal property tax paid

County personal property tax filed

County real estate tax paid

RETIREMENT PLANS

Make the contribution for the prior year

Form 5500 for retirement plans other than Simple and SEP IRAs

PERSONAL INCOME TAXES

Form 1040ES quarterly estimated payment.

Form 1040 due date

Form 4868 automatic extension for 4 months until August 15th to file Form 1040.

Form 2688 automatic extension for 3 months until October 15th to file Form 1040.

WASHINGTON EXCISE TAXES

Washington Sales and Excise Tax paid and filed - MONTHLY

Washington Sales and Excise Tax paid and filed - QUARTERLY

Washington Sales and Excise Tax paid and filed - ANNUALLY

BUSINESS LICENSES AND INSURANCE

Washington Secretary of State Corporate License on-line

City Business License

Business insurance review and renewal