Hello December!
Key Compliance Dates:
Employees whose withholding status will change in 2024 should submit a new Form W-4, Employees Withholding Certificate, to the employer. The new form should be submitted as early as possible to guarantee implementation of the withholding change in January.
Monday, Dec. 2—Semiweekly depositors deposit FICA and withheld income tax on wages paid on November 23-26.
Wednesday, Dec. 4—Semiweekly depositors deposit FICA and withheld income tax on wages paid on November 27-29.
Friday, Dec. 6—Semiweekly depositors deposit FICA and withheld income tax on wages paid on November 30-Dec. 3.
Monday, Dec. 9—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 4-6.
Tuesday, Dec. 10—Tipped employees who received $20 or more in tips during November report them to the employer on Form 4070, Employee’s Report of Tips to Employer.
Friday, Dec. 13—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 7-10.
Monday, Dec. 16:
Monthly depositors deposit FICA and withheld income tax for November.
Corporations: Deposit the fourth installment of estimated income tax for 2024.
Social Security, Medicare, and withheld income tax: If the monthly deposit rule applies, deposit the tax for payments made in November.
Wednesday, Dec. 18—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 11-13.
Friday, Dec. 20—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 14-17.
Thursday, Dec. 26—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 18-20.
Monday, Dec. 30—Semiweekly depositors deposit FICA and withheld income tax on wages paid on Dec. 21-24.
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