IRS Emails 'Tax Calendar Reminders' Via RSS Feeds To Small Businesses
With tax regulations at both the state and federal levels, small businesses may find it difficult to keep up with dates and deadlines. Fortunately, small businesses and the self-employed can use the RSS feed provided by the IRS to help build a tax calendar and hopefully never miss a deadline.
Free IRS Calendar Program: Tailored To Your Priorities
By subscribing to the Calendar Program, businesses and those who are self-employed can input information specific to their business — such as their state sales tax and unemployment insurance deadlines. From this, the calendar will automatically update based on the user's entered priorities.
Calendars are particularly useful for businesses and the self-employed who pay estimated quarterly taxes. The calendar features reminders before March, June, September, December deadlines tied to suggested estimated amounts with links to Forms 1120, 1120A, and 1120S extension requests.
The IRS Calendar is available in these formats:
- Online: Bookmark the link and it will load information with directions to proceed. There are a number of features available only in this format, including a filter option that sorts and views tax dates and event types to specification. The updates come with instructions on following through with the specific requirements in depositing payroll, paying FUTA taxes, reporting tips and retaining 1099 and W-2 forms.
- Desktop: This is the IRS CalendarConnector2 program that can be installed directly onto desktops, making it accessible without going online. Calendar updates are automatically installed when connected to the web. The process to generate your personalized calendar is relatively simple.
- Subscribe: Go to IRS.gov, type 'Tax Calendar' in Search. Click on the IRS Tax Calendar for Small Business and Self-Employed web page. This is regarded by many to be the easiest way to use the tool.
- Download: The Calendar can be downloaded and incorporated into Microsoft Outlook, Mac Calendar, on iPhone or iPads, and any other device with an .ics calendar format.
A Little Pain For A Lot Of Gain
It may be tedious to fill a calendar with somber tax-related dates, but for small businesses and those who are self-employed, a calendar plotting timelines and deadlines is an essential key to a successful tax-planning strategy that saves money.
For more preparation tips or information on starting a small business tax return. Click here.