Tax Dates for Small Businesses

11/28/2016
Deposit payroll tax for payments on Nov 19-22 if the semiweekly deposit rule applies.

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

11/15/2016
Deposit payroll tax for Oct if the monthly rule applies.

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

11/02/2016
Deposit payroll tax for payments on Oct 26-28 if the semiweekly
 deposit rule applies.

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

10/31/2016

• File Form 720 for the third quarter.


• File Form 730 and pay tax on wagers accepted during September.


• File Form 2290 and pay the tax for vehicles first used during
September.


• File Form 941 for the third quarter.

Deposit FUTA owed through Sep if more than $500.

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

10/28/2016Deposit payroll tax for payments on Oct 22-25 if the semiweekly
deposit rule applies

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

8/31/2016


• File Form 730 (Monthly Tax Return for Wagers) and pay tax on wagers accepted during July.
• 

File Form 2290 (Heavy Highway Vehicle Use Tax Return) and pay the tax for vehicles first used during
 July.
• Deposit payroll tax for payments on Aug 24-26 if the semiweekly 
deposit rule applies

contact@officetaxservices.com

(858)247-1680

 

Tax Dates for Small Businesses

8/5/2016

Deposit payroll tax for payments on Jul 30-Aug 2 if the 
semiweekly deposit rule applies.


Tax Dates for Small Businesses

8/3/2016

Deposit payroll tax for payments on Jul 27-29 if the semiweekly
 deposit rule applies

contact@officetaxservices.com

(858)247-1680

Tax Dates for Small Businesses

8/1/2016

• 
File Form 720 for the second quarter. 
• File Form 730 and pay the tax on wagers accepted during June.
• 

File Form 2290 and pay the tax for vehicles first used during
 June.


• Deposit FUTA owed through June if more than $500.
• 

File Form 941 for the second quarter.


• File Form 5500 or Form 5500-EZ for calendar year 2015 employee 
benefit plan

contact@officetaxservices.com

(858)247-1680

 
 

Tax Dates for Small Businesses

7/29/2016 - Deposit payroll tax for payments on Jul 23-26 if the semiweekly
 deposit rule applies.

contact@officetaxservices.com

(858)247-1680

 

Excise Taxes for a Business

 

Excise taxes are taxes paid when purchases are made on particular items. Excise taxes are often included in the price of the item. You may also pay excise taxes on certain activities, such as highway usage, telephone service or gambling.

Most of the time excise taxes are figured as part of the price of the commodity or service. Unlike sales tax, the excise tax isn’t listed separately. 

Business owners or product or service vendors are responsible for collecting the excise tax and turning it over to the government.

If you run a business that’s required to collect an excise tax, you collect the tax and pay the tax to the government each quarter. You’ll file Form 720, Quarterly Federal Excise Tax Return. Form 720 lists the various types of excise taxes in effect, including the following:

• Environmental taxes
• Communications and air transportation taxes
• Fuel taxes
• Tax on the first retail sale of heavy trucks, trailers, and tractors
• Manufacturers' taxes on the sale or use of a variety of different articles

There is a federal excise tax on certain trucks, truck tractors, and buses used on public highways. The tax applies to vehicles having a taxable gross weight of 55,000 pounds or more. Report the tax on Form 2290, Heavy Highway Vehicle Use Tax Return.

If you are in the business of accepting wagers or conducting a wagering pool or lottery, you may be liable for the federal excise tax on wagering. Use Form 730.

For more information on excise taxes, see Publication 510.

contact@officetaxservices.com

(858)247-1680