June 2021 Newsletter

We are committed to providing financial advice you can depend on, and that commitment continues even after you’ve left our office. So below you’ll find a calendar of upcoming tax deadlines you should be aware of, as well as a few articles recently featured on our website that we hope you’ll find useful. If you have any questions, please get in touch.

Featured Articles

Required Minimum Distributions in 2021

American Rescue Plan and the Child Tax Credit

Other Recent Articles

A Return to Pre-Pandemic Tax Rules

Registration Now Open for Restaurant Revitalization Fund

2020 Tax Deadline Delayed for Individuals

Up to $10,200 of Unemployment Compensation Now Tax Free

Tax Calendar

June 15, 2021

  • Individuals. If you’re a U.S. citizen or resident alien living and working (or on military duty) outside the United States and Puerto Rico, file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due. If you want additional time to file your return, file Form 4868 to obtain 4 additional months to file and pay what you estimate you owe in tax to avoid penalties and interest. Then, file Form 1040 or Form 1040-SR by October 15.
  • Individuals. Make a payment of your 2021 estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the second installment date for estimated tax in 2021.
  • Corporations. Deposit the second installment of estimated income tax for 2021.
  • Employers. If the monthly deposit rule applies, deposit the tax for Social Security, Medicare, withheld income tax, and nonpayroll withholding payments made in May.

July 15, 2021

Employers. If the monthly deposit rule applies, deposit the tax for Social Security, Medicare, withheld income tax, and nonpayroll withholding payments made in June.