The Pegasus Tax and Accounting group has broken down each due date for tax requirements from businesses. According to them, in October 2021, there is tax reporting due for employees that received tips of $20 or more from September, and automatic extensions for individuals to pay their tax, interest and penalties due. Employers with nonpayroll withholding, withheld income tax for Social Security and Medicare are required to make their deposits from September. Corporations are required to file their calendar year return, as well as any tax penalties and interest due.
Need Help with Filing Taxes and Tax Payments in Quickbooks?
QuickBooks has put together a quick video to help you navigate through your tax payments and tax filings in QuickBooks.