Department heads spend over 150 hours each year getting R&D taxes prepared for enterprise companies! That’s why, at Neo.Tax, we’ve built a tool to streamline the arduous R&D tax process.
But, even if you’ve gotten on board with the AI-empowered future of tax, it still is important to know the key dates coming down the pike. So, here’s a helpful calendar to guide you through the coming tax year…
January 24th – 2024 Tax Season begins! The IRS will begin processing 2023 tax returns on January 24th!
January 31st – Form 1099-NEC is due for nonemployee compensation paid in 2023
– AND: Final 2023 Quarterly Payroll Form 941 is due. (Form 8974 should be attached)
March 31st – Deadline for a Neo.Tax customer to file (Form 1120) in order to receive Q2 R&D payroll offset.
April 15th, aka Tax Day! – 2023 Form 1120 Corporate Tax Returns or a 6-Month Tax Extension is due.
April 30th – First 2024 Quarterly Payroll Form 941 is due. (Form 8974 should be attached).
June 30th – Deadline for a customer to file (Form 1120) in order to receive Q3 R&D payroll offset.
July 31st – Q2 2024 Payroll Form 941 is due. (Form 8974 should be attached).
September 30th – Deadline for a customer to file (Form 1120) in order to receive Q4 R&D payroll offset.
October 15th aka Extension Tax Day! – Final deadline to file a timely Form 1120 Corporate Tax Return if an extension was filed by April 15th.
October 31st – Q3 Payroll Form 941 is due. (Form 8974 should be attached).