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Quarterly Estimated Tax Due Dates for 2016

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business-money-pink-coins-large If you know when and what you have to file for small business taxes can save you a lot of headaches during tax season. It doesn’t matter whether your untaxed money comes from a job, investments, alimony or prizes you’ve won, if it’s untaxed, you have to pay your quarterly estimated tax payments. To avoid paying penalties and getting yourself into trouble with the IRS, mark your calendar with the following important tax deadlines.

April 18th

  • 2015 Individual Income Tax Returns due. If you’re planning to file an extension, you’ll need to do it before this date. Otherwise, have your taxes postmarked by midnight on April 18th.
  • 1st Quarter 2016 Estimated Taxes due. If you are self-employed, run a small business, or have other first-quarter income that requires you to pay quarterly estimated taxes, get your Form 1040-ES and send it off by April 18th.
  • Last day to make an IRA contribution for 2015.

June 15th

  • 2nd Quarter 2016 Estimated Taxes due.

September 15th

  • 3rd Quarter 2016 Estimated Taxes due.

October 17th

  • Extended individual income tax returns due.

January 17th 2017

  • 4th Quarter 2016 Estimated Taxes due.
Ben Sutton

Ben Sutton

Ben Sutton is the founder of Mazuma USA, an accounting firm providing tax, bookkeeping and payroll services to small businesses. Since founding Mazuma, Ben has established himself as an expert in the small business world. He’s still driven by that same desire to provide accounting help to all small businesses – from photographers, bloggers and creatives to lawyers, doctors, and dentists, everyone needs affordable accounting help. Ben is a Certified Public Accountant, and a member of the American Institute of Certified Public Accountants. But Ben considers his greatest achievement and credential to be his happy wife and four children.

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