Spring 2018 issue of Horizons

Timely Reminders

May 31, 2018 IRA or SEP

September 17, 2018 Individuals Individuals (other than farmers and fisherman) must pay the third installment of 2018 estimated tax (Form 1040-ES). Partnerships If extended, file a 2017 calendar year return (Form 1065). Corporations If extended, file a 2017 calendar year return (Form 1120 or Form 1120-S). Calendar year corporations must pay the third installment of 2018 estimated income tax.

Annual statements to the IRS must be filed regarding 2017 account balances for an IRA or SEP (Form 5498). Participants and the IRS must be provided with IRA plan contribution information.

June 15, 2018 Individuals

Individuals (other than farmers and fisherman) must pay the second installment of 2018 estimated tax (Form 1040-ES). Corporations Calendar year corporations must pay the second installment of 2018 estimated income tax. Employers of non-agricultural and non-household employees must file Form 941 to report income tax withholding and FICA taxes for the second quarter of 2018. Form 5500 must be filed for calendar year taxpayers. If you want a two and one-half month extension to file the 5500, file Form 5558. July 31, 2018 Employers

Timely Reminders

48