Employers should give their employees copies of their Form W-2 as soon as possible in January. The last possible date for mailing them is January 31.
January 1—Federal holiday (New Year’s Day).
January 2—If you made advance payments for employees eligible for the earned income tax credit and they did not submit a new Form W-5, “Earned Income Credit Advance Payment Certificate,” showing continued eligibility, you should stop any future advance payments. You can restart these payments if a new form is submitted.
January 10—You should collect Form 4070, “Employee’s Report of Tips to Employer,” from any employee who received $20 or more in tips.
• If you need to make estimated tax payments for the previous tax year, they ...