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Individual Due Dates: May 2023

May 10 –  Report Tips to EmployerIf you are an employee who works for tips and received more than $20 in tips during April, you are required to report them to your employer on IRS Form 4070 no later than May 10. Your employer is required to withhold FICA...

Business Due Dates

May 1 – Federal Unemployment TaxDeposit the tax owed through March if it is more than $500.May 10 – Social Security, Medicare and Withheld Income Tax File Form 941 for the first quarter of 2023. This due date applies only if you deposited the tax for the...