FIT, FICA, FUTA
Federal income tax
Request EIN by filing Form SS-4 (Application for Employer Identification Number)
Report quarterly withholdings of income and FICA taxes by filing Form 941 (Employer's Quarterly
Federal Tax Return)
Report annual non-employee compensation in excess of
$600 by filing Form 1096 (Annual Summary and
Transmittal of US Information Returns) and Forms 1099
Calculate annual corporate income tax liability and
file Form 1120 (US Corporation Income Tax Return)
Request additional time to file income taxes by
submitting Form 7004 (Application for Automatic
Extension of Time to File Corporation Income Tax
Return)
Order tax forms by submitting Form 7018 (Employer's Order Blank for Forms)
Social Security (FICA) tax
Furnish annual summary statements of wages paid and taxes withheld to employees on Form W-2 (Wage and Tax Statement) and to SSA on Form W-3 (Transmittal of Wage and Tax Statements)
Submit corrections of summary statements by filing Forms W-2c and W-3c
Federal unemployment insurance (FUTA)
Remit quarterly deposits of federal unemployment tax using Form 8109 (Federal Tax Deposit Coupon) if aggregate un-deposited liability exceeds $500 Report annual liability for federal unemployment taxes by filing Form 940 (Employer's Annual Federal Unemployment [FUTA] Tax Return)
