May 2016 tax compliance calendar

As an individual or business, it is your responsibility to be aware of and to meet your tax filing/reporting deadlines. This calendar summarizes important federal tax reporting and filing data for individuals, businesses and other taxpayers for the month of May 2016.

May 2
Employers. File Form 941 for the first quarter of 2016 for employment taxes if you have not deposited the tax for the quarter timely, properly, and in full. Deposit or pay any undeposited tax under the accuracy of deposit rules.
Deposit federal unemployment tax owed through March if more than $500.

May 4
Employers. Semi-weekly depositors must deposit employment taxes for April 27–29.

May 6
Employers. Semi-weekly depositors must deposit employment taxes for April 30 and May 1–3.

May 10
Employers. File Form 941 for the first quarter of 2016 for employment taxes if you deposited the tax for the quarter timely, properly, and in full.
Employees who work for tips. Employees who received $20 or more in tips during April must report them to their employer using Form 4070.

May 11
Employers. Semi-weekly depositors must deposit employment taxes for May 4–6.

May 13
Employers. Semi-weekly depositors must deposit employment taxes for May 7–10.

May 16
Employers. For those to whom the monthly deposit rule applies, deposit employment taxes and nonpayroll withholding for payments in April.

May 18
Employers. Semi-weekly depositors must deposit employment taxes for May 11–13.

May 20
Employers. Semi-weekly depositors must deposit employment taxes for May 14–17.

May 25
Employers. Semi-weekly depositors must deposit employment taxes for May 18–20.

May 27
Employers. Semi-weekly depositors must deposit employment taxes for May 21–24.

June 2
Employers. Semi-weekly depositors must deposit employment taxes for May 25–27.

June 3
Employers. Semi-weekly depositors must deposit employment taxes for May 28–31.