2024 Q3 Tax Calendar: Key Deadlines for Individuals, Businesses, and Other Employers

2024 Q3 Tax Calendar Key Deadlines For Businesses And Other Employers

Written by Chris Hendricks

July 16, 2024

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

July 15

  • Employers should deposit Social Security, Medicare and withheld income taxes for June if the monthly deposit rule applies. They should also deposit non-payroll withheld income tax for June if the monthly deposit rule applies.

July 31

  • Report income tax withholding and FICA taxes for second quarter 2024 (Form 941) and pay any tax due. (See the exception below, under “August 12.”)
  • File a 2023 calendar-year retirement plan report (Form 5500 or Form 5500-EZ) or request an extension.

August 12

  • Report income tax withholding and FICA taxes for second quarter 2024 (Form 941), if you deposited on time and in full all the associated taxes due.

September 16

  • If a calendar-year C corporation, pay the third installment of 2024 estimated income taxes.
  • S corporations and partnerships doing the Pass-Through Entity Level election, pay Wisconsin third installment of 2024 estimated income taxes.
  • If a calendar-year S corporation or partnership that filed an automatic six-month extension.
  • File a 2023 income tax return (Form 1120-S, Form 1065 or Form 1065-B) and pay any tax, interest and penalties due.
  • Make contributions for 2023 to certain employer-sponsored retirement plans.
  • Individuals pay the third installment of 2024 estimated income taxes.

Employers should deposit Social Security, Medicare and withheld income taxes for August if the monthly deposit rule applies. They should also deposit non-payroll withheld income tax for August if the monthly deposit rule applies.

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Chris Hendricks
I work closely with my clients as a Partner, nurturing enduring and reliable business relationships. Throughout the business cycle, I remain dedicated to ensuring my clients' success. I address cash flow concerns, maximize relevant tax credits, and strategize for potential tax implications related to business transfers. Proactively engaging with my clients, I collaborate with their legal advisors and financial experts to help them achieve their objectives. With 23 years in public accounting, I have adeptly guided clients through challenging discussions, providing timely and dependable services.

My expertise spans across various industries, including agribusiness, retail, manufacturing, trucking and transportation, and construction. I possess specialized knowledge in grain accounting, assisting grain dealers with inventory management and establishing effective internal accounting procedures.

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