2022 Tax Deadlines For Salt Lake City Startups

How Much Does a Startup Tax Return Cost? Try Kruze Consulting’s Tax Preparation Pricing Tool.

• JAN 31: File your Sales and Use Tax Return. File Form TC-62S (Single Place of Business) or Form TC-62M (Multiple Places of Business).
• JAN 31: Send 1099’ s to Contractors. Send W2’s to Employees. 1099-NEC for nonemployee compensation must also be e-filed to IRS on this date.
• JAN 31: Send 1095-B and 1095-C forms to Employees.
• JAN 31: Claim Research and Development Tax Credits on Prior Year Q4 Form 941, and file annual FUTA return on Form 940.
• FEB 1: Annual Sales and Use Tax payment due for annual filers.
• FEB 28: W-2 and 1099-MISC, 1099-NEC filings are due on this deadline if paper-filing (due MAR 31 if e-Filing). File Form 8809 for a 30-day extension.
• FEB 28: IRS ACA Compliance 1094-B , 1095-B 1094-C and 1095-C filings are due on this deadline (if paper-filing, due MAR 31 if eFiling). File Form 8809 for a 30-day extension.
• MAR 1: Delaware Annual Franchise Report filing deadline: Pay a min. of $400, +more if you have significant funding.
• APR 15: C Corp Form 1120 Tax Return deadline. Can extend to OCT 15 with submission of form 7004.
• APR 15: File the R&D Tax Credit Form 6765with your tax return. Can extend to OCT 15 as mentioned above.
• APR 15: Federal Quarterly Estimated Tax 1st installment.
• APR 15: File Utah Corporation Franchise and Income Tax Return - Form TC-20. Can extend to OCT 15.
• APR 29: Claim R&D Tax Credits on Q1 Form 941.
• JUN 1: Delaware Quarterly Estimated Franchise Tax deadline, Pay 40% of estimated annual amount (if annual amount expected to exceed $5,000).
• JUN 15: Federal Quarterly Estimated Tax 2nd installment.
• JUL 29: Claim R&D Tax Credits on Q2 Form 941.
• SEP 1: Delaware Quarterly Estimated Franchise Tax deadline, Pay 20% of estimated annual amount (if annual amount expected to exceed $5,000).
• SEP 15: Federal Quarterly Estimated Tax 3rd installment.
• OCT 15: C Corp Form 1120 Tax Return final due date if extension was filed.
• OCT 15: Utah Corporation Franchise and Income Tax Return Form TC-20 final due date if extension was filed.
• OCT 31: Claim your R&D Tax Credits on Q3 Form 941.
• NOV 30: Last day to pay Salt Lake County Property Taxes without penalty.
• DEC 1: Delaware Quarterly Estimated Franchise Tax, Pay 20% of estimated annual amount (if annual amount expected to exceed $5,000).
• DEC 15: Federal Quarterly Estimated Tax 4th installment.
• ROLLING: Renew your business license annually.

How Much Does a Startup Tax Return Cost? Try Kruze Consulting’s Tax Preparation Pricing Tool.

If your Delaware C-Corp Salt Lake City funded startup needs tax help contact us today!

Salt Lake City, Startups and Taxes

Salt Lake City combines natural beauty with a low cost of living, making it very appealing to early-stage companies. Strong technology and entrepreneurship programs at the University of Utah and Brigham Young University provide a strong talent base for startups, and there is a strong network of venture capital firms in the city. 

The most important taxing authorities for companies in Salt Lake City are: 

• Utah State Tax Commission 
• Salt Lake County Treasurer 

Salt Lake City startups have fewer tax deadlines than companies operating in many cities; other than the Federal and State April 15th deadline, the other major dates revolve around the sales and use tax payments, the annual business license, and the property tax deadlines. See all the dates above.

2021 Tax Compliance Deadlines For Salt Lake City Startups

2021 tax deadlines are supplied for reference purposes only, and should not be used when making decisions in 2022. Always consult your tax professional, and see our disclaimer below.

• FEB 1: Send 1099’s to Contractors. Send W2’s to Employees. 1099-NEC for nonemployee compensation must also be e-filed to IRS on this date. Learn more about how you need to be careful sending 1099’s to vendors here.
• FEB 1: File Form 8809 for a 30-day extension to file W2’s and 1099-NEC for nonemployee compensation.
• FEB 1: Send 1095-B and 1095-C forms to Employees.
• FEB 1: Claim R&D Tax Credits on Form 941, and file annual FUTA return on Form 940.
• FEB 1: File your Sales and Use Tax Return. File Form TC-62S (Single Place of Business) or Form TC-62M (Multiple Places of Business).
• FEB 1: Annual Sales and Use Tax payment due for annual filers. Q4 2020Sales and Use Tax payment due for quarterly filers.
• MAR 1: IRS ACA Compliance 1094-B, 1095-B, 1094-C and 1095-C filings are due (if paper-filing, due APR 1 if eFiling). File Form 8809 for a 30-day extension.
• MAR 1: Delaware Annual Franchise Report filing deadline: Pay a min. of $400, +more if you have significant funding.
• MAR 2: IRS 30-day automatic extension: provide Form 1095-Band Form 1095-C to Employees.
• MAR 31: IRS ACA Compliance 1094-B, 1095-B, 1094-C and 1095-C filings are due (eFile).
• MAR 31: 1099’s and W2’s must be e-filed with the IRS by this due date.
• APR 15: C-Corp Form 1120 Tax Return due. Can extend the deadline to OCT 15.
• APR 15: File Utah Corporation Franchise and Income Tax Return - Form TC-20. Can extend to OCT 15.
• APR 15: File Form 6765 with your tax return if you are using a Research and Development Tax Credit to reduce your payroll taxes. Can extend to OCT 15.
• APR 15: Federal Quarterly Estimated Tax1st installment.
• APR 30: Claim R&D Tax Credits on Form 941.
• APR 30: Q1 2020 Sales and Use Tax payment due for quarterly filers.
• JUN 1: Delaware Quarterly Estimated Franchise Tax, Pay 40% of estimated annual amount (if annual amount expected to exceed $5,000).
• JUN 15: Federal Quarterly Estimated Tax2nd installment.
• AUG 2: Claim R&D Tax Credits on Form 941.
• AUG 2: Q2 2020 Sales and Use Tax payment due for quarterly filers.
• SEP 1: Delaware Quarterly Estimated Franchise Tax, Pay 20% of estimated annual amount (if annual amount expected to exceed $5,000).
• SEPT 15: Federal Quarterly Estimated Tax3rd installment.
• SEP 30: Q3 2020 Sales and Use Tax payment due for quarterly filers.
• OCT 15: C-Corp Form 1120 Tax Return final due date if extension was filed.
• OCT 15: Utah Corporation Franchise and Income Tax Return - Form TC-20 final due date if extension was filed.
• NOV 1: Claim your R&D Tax Credits on Form 941.
• NOV 30: Last day to pay 2020 Salt Lake County Property Taxes without penalty.
• DEC 1: Delaware Quarterly Estimated Franchise Tax, Pay 20% of estimated annual amount (if annual amount expected to exceed $5,000).
• DEC 15: Federal Quarterly Estimated Tax4th installment.
• ROLLING: Renew your Business License annually. Pay $20.