{"id":1832,"date":"2022-02-17T10:45:00","date_gmt":"2022-02-17T10:45:00","guid":{"rendered":"https:\/\/cga.philadair.co.uk\/?p=1832"},"modified":"2022-05-09T10:52:56","modified_gmt":"2022-05-09T10:52:56","slug":"march-2022-business-due-dates","status":"publish","type":"post","link":"https:\/\/cga.philadair.co.uk\/index.php\/2022\/02\/17\/march-2022-business-due-dates\/","title":{"rendered":"March 2022 Business Due Dates"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1832\" class=\"elementor elementor-1832\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ae6d5a8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae6d5a8\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3199558\" data-id=\"3199558\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7e226fc elementor-widget elementor-widget-image\" data-id=\"7e226fc\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 28-05-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"448\" height=\"200\" src=\"https:\/\/cga.philadair.co.uk\/wp-content\/uploads\/2022\/02\/2022-mar-bus-blog.jpeg\" class=\"attachment-medium_large size-medium_large wp-image-1835\" alt=\"\" srcset=\"https:\/\/cga.philadair.co.uk\/wp-content\/uploads\/2022\/02\/2022-mar-bus-blog.jpeg 448w, https:\/\/cga.philadair.co.uk\/wp-content\/uploads\/2022\/02\/2022-mar-bus-blog-300x134.jpeg 300w\" sizes=\"auto, (max-width: 448px) 100vw, 448px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3a10d65 elementor-widget elementor-widget-text-editor\" data-id=\"3a10d65\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.13.3 - 28-05-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><strong data-uw-styling-context=\"true\">March 1 &#8211;\u00a0Farmers and Fishermen<br data-uw-styling-context=\"true\" \/><\/strong><br data-uw-styling-context=\"true\" \/>File your 2021 income tax return (Form 1040 or 1040-SR) and pay any tax due. However, you have until April 18 (April 19 if you live in Maine or Massachusetts) to file if you paid your 2021 estimated tax by January 18, 2022.\u00a0<strong data-uw-styling-context=\"true\">Penalty Relief:<\/strong>\u00a0IRS will waive estimated tax penalties for farmers and fisherman who were unable to comply with the March 1, 2022, filing and payment deadline as long as they file and pay their 2021 taxes by April 18, 2022.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><strong data-uw-styling-context=\"true\">March 15 &#8211; Partnerships<\/strong><br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/>File a 2021 calendar year return (Form 1065). Provide each partner with a copy of their Schedule K-1 (Form 1065), Partner\u2019s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1 and, if applicable, Schedule K-3 (Form 1065) or substitute Schedule K-3 (Form 1065). If you want an automatic 6-month extension of time to file the return, file Form 7004. Then file Form 1065 and provide Schedules K-1 or substitute Schedules K-1, and if applicable Schedules K-3, to the partners by September 15.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><strong data-uw-styling-context=\"true\">March 15 &#8211; S-Corporations<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><\/strong>File a 2021 calendar year income tax return (Form 1120-S) and pay any tax due. Provide each shareholder with a copy of Schedule K-1 (Form 1120-S), Shareholder\u2019s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1 (Form 1120-S) and, if applicable, Schedule K-3 (Form 1120-S) or substitute ScheduleK-3 (Form 1120-S).<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><\/p><p data-uw-styling-context=\"true\">To request an automatic 6-month extension of time to file the return, file Form 7004 and pay the tax estimated to be owed. Then file the return; pay any tax, interest, and penalties due; and provide each shareholder with a copy of their Schedule K-1 (Form 1120-S) and, if applicable, Schedule K-3 (Form 1120-S) by September 15.<\/p><p><strong data-uw-styling-context=\"true\">March 15 &#8211; S-Corporation Election<\/strong><br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/>File Form 2553, Election by a Small Business Corporation, to choose to be treated as an S corporation beginning with calendar year 2022. If Form 2553 is filed late, S treatment will begin with calendar year 2023.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><strong data-uw-styling-context=\"true\">March 15 &#8211; Social Security, Medicare and Withheld Income Tax<\/strong><br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/>If the monthly deposit rule applies, deposit the tax for payments in February.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><strong data-uw-styling-context=\"true\">March 15 &#8211; Non-Payroll Withholding<\/strong><br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/>If the monthly deposit rule applies, deposit the tax for payments in February.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><\/p><p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">March 31 &#8211; Electronic Filing of Forms 1098, 1099 and W-2G<br data-uw-styling-context=\"true\" \/><\/strong><br data-uw-styling-context=\"true\" \/>If you file Forms 1098, 1099 (other than 1099-NEC), or W-2G electronically with the IRS, this is the final due date. This due date applies only if you file electronically (not paper forms). Otherwise, January 31 or February 28 was the due date, depending on the form filed. The due date for giving the recipient these forms was January 31.<br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/><strong data-uw-styling-context=\"true\">March 31 &#8211; Applicable Large Employers (ALE) \u2013 Form 1095-C<br data-uw-styling-context=\"true\" \/><\/strong><br data-uw-styling-context=\"true\" \/>If filing electronically, file Form 1095-C, Employer-Provided Health Insurance Offer and Coverage, with the IRS. If filing on paper the due date was February 28, 2022.<\/p><p data-uw-styling-context=\"true\"><strong data-uw-styling-context=\"true\">March 31 &#8211; Large Food and Beverage Establishment Employers<\/strong><br data-uw-styling-context=\"true\" \/><br data-uw-styling-context=\"true\" \/>If you file Forms 8027 for 2021 electronically with the IRS, this is the final due date. This due date applies only if you file electronically. Otherwise, February 28, 2022 was the due date.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/05\/2022-mar-ind-blog.jpeg\" alt=\"March 2022 Business Due Dates\" \/><br \/>\nHere are the March 2022 Business Due Dates&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1820,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[22],"tags":[41],"class_list":["post-1832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for_business","tag-tax-planning"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1832"}],"version-history":[{"count":4,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1832\/revisions"}],"predecessor-version":[{"id":1838,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1832\/revisions\/1838"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/media\/1820"}],"wp:attachment":[{"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cga.philadair.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}