Corporate Tax Deposit Dates: corporate tax deposits are due on the 15th of the 4th, 6th, 9th, and 12th months of the fiscal year.
Individual Tax Deposit Dates: Federal and Colorado deposits are typically due on the 15th of April, June, September, and January.
Legal Holiday Exemptions: when a due date falls directly on a legal holiday, the taxes owed are due on the next business day.
Payroll Tax Deposit Dates and Details
Payroll Deposits: payroll deposits are generally made on a semi-weekly or monthly basis. Dates are determined by taking note of reported taxes for the 4 quarters ending the previous June 30th of a calendar year.
$50,000 or less: any employer reporting tax deposits of less than $50,000 will make monthly (on the 15th of each consecutive month) deposits.
$50,000 or more: employers generating more than $50,000 in tax deposits must make semi-weekly deposits. When a payday falls on a Wednesday, Thursday, or Friday, a deposit must be made by the Wednesday following the original pay due date. Otherwise, deposits are due by the Friday following the original payment due date.
$100,000 or more: companies that generate more than $100,000 in tax deposits must make all deposits by the following business day.
New Firm Deposits: all new companies must make monthly deposits.
Need help with all of these deposits & due dates?
Ask us about our Full Service Accounting Package.
We’ll let you know when taxes are due. We’ll go one step further too: we’ll fill out all forms, so that all you have to do is write a check and follow the enclosed instructions (included in a pre-addressed envelope).