Here are some key tax deadlines for the second quarter of 2019 to note for employers. These can vary depending on the type of employer you are (corporate vs. household for instance) and there may be additional deadlines that pertain to your State. We are happy to answer any questions about household employer tax filings, just give us a call at 1-800-626-4829.
- File with the IRS if you’re an employer that will electronically file 2018 Form 1097, Form 1098, Form 1099 (other than those with an earlier deadline) and/or Form W-2G.
- If your employees receive tips and you file electronically, file Form 8027.
- If you’re an Applicable Large Employer and filing electronically, file Forms 1094-C and 1095-C with the IRS. For all other providers of minimum essential coverage filing electronically, file Forms 1094-B and 1095-B with the IRS.
- Household employers do not have an April 1 filing.
- If you’re a calendar-year corporation, file a 2018 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.
- Corporations pay the first installment of 2019 estimated income taxes.
- Household employers need to file a Schedule H on their personal tax return.
- Employers report income tax withholding and FICA taxes for the first quarter of 2019 (Form 941) and pay any tax due.
- Household employers do this as well on 1040 Estimated Tax Payments (not a Form 941).
- Employers report income tax withholding and FICA taxes for the first quarter of 2019 (Form 941), if you deposited on time and fully paid all of the associated taxes due.
- Corporations pay the second installment of 2019 estimated income taxes.
- Household employers do this as well but in July on a regular 1040ES payment frequency.
Most corporate employers have employees focused on accounting that can keep track of all these key tax deadlines for the 2019 second quarter. Most household employers don’t, that is where we come in. We’re happy to answer any questions you may have about household employment laws and taxes, just give us a call at 1-800-626-4829.