O'Reilly logo

The Complete Idiot's Guide® To Accounting by Lita Epstein, Shellie L. Moore

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

January

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.
January 15:
• If you need to make estimated tax payments for the previous tax year, they ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required