Calendar

· 4/15/07 — 1st Estimate due for the 2007 tax year

· 6/15/07 — 2nd Estimate due for the 2007 tax year

· 9/15/07 — 3rd Estimate due for the 2007 tax year

· 1/15/08 — 4th Estimate due for the 2007 tax year

Estimates for Self Employed Individuals

Between the 2nd and 3rd Estimate is the perfect time to come into our office to review financial data for the year-to-date and to do some tax planning.  This can prevent under or over payment of estimates during the year.

This could be the second-most important tax appointment of your year….the first, of course, being your primary tax appointment at the beginning of the year.

Individual Taxes due April 15th

Corporate Taxes due 15th day of 3rd month after end of Fiscal Year

Partnership Taxes due 15th day of 4th month after end of Fiscal Year

Non-Profit Taxes due 15th day of the 5th month after end of Fiscal year

 

Estimates for Corporations

· 15th of 4th Month of Fiscal Year — 1st Estimate due

· 15th of 6th Month of Fiscal Year — 2nd Estimate due

· 15th of 9th Month of Fiscal Year — 3rd Estimate due

· 15th of 1st Month of  New Fiscal Year — 4th Estimate due