The topic of taxes is often met with dread and confusion by many people, but with the right information and tools, it can become a more manageable and less stressful experience. This is where Cleer, a company dedicated to making taxes less painful, comes in. Cleer has created a 2023 Tax Deadline Calendar for Startups – C-Corps, Partnerships and S-Corps – that provides a clear and concise guide to tax filing requirements for businesses.
One of the key elements of this calendar is the listing of tax deadlines, which is crucial for businesses to stay on top of. For instance, the January 31st deadline for payments to employees and independent contractors is an important one to keep in mind. This includes filing 1099 forms such as the 1099-NEC, 1099-MISC, and 1099-K, as well as W-2 and W-3 forms. Missing this deadline can result in penalties, so it is important to stay on top of it.The April 18th deadline for filing federal and state returns is one of the most well-known tax deadlines, and it is also the deadline for the extension for filing federal and state returns. Additionally, the Q1 estimated tax payments for corporations are due on this day. It is important to note that corporations are required to pay estimated taxes on their first year of being profitable.