2023 Santa Monica Tax Deadlines
Delaware C-Corps in Santa Monica have the April 18th federal and California tax return deadlines, plus several Santa Monica/LA specific dates. These include the April 1st 571-L filing date (due May 7th) and July 1st/August 31s Santa Monica Business License deadlines. See the rest below.
Click The Links To Learn More About These Filings And 2023 Santa Monica Tax Deadlines
How Much Does a Startup Tax Return Cost? Try Kruze Consulting's Tax Preparation Pricing Tool.
- JAN 31: Send 1099s to contractors. Send W2s to employees. 1099-MISC for nonemployee compensation must also be e-filed to IRS on this date.
- JAN 31: File Form 8809 for a 30-day extension to file W2s and 1099-MISC for nonemployee compensation.
- JAN 31: Send 1095-B and 1095-C forms to Employees.
- JAN 31: Claim R&D Tax Credits on Form 941, and file annual Federal Unemployment Tax Act (FUTA) return on Form 940 .
- MAR 1: IRS ACA Compliance 1094-B, 1095-B, 1094-C and 1095-C paper filings are due (due April 1 if e-filing). File Form 8809 for a 30-day extension.
- MAR 1: Delaware Annual Franchise Report filing due: Pay a minimum of $400, which increases if you have significant funding.
- MAR 2: IRS 30-day automatic extension: provide Form 1095-B and Form 1095-C to employees.
- MAR 31: IRS ACA Compliance 094-B, 1095-B, 1094-C and 1095-C filings are due (e-file).
- MAR 31: 1099s and W2s must be e-filed with the IRS by this due date.
- APR 1: 571-L Business Property Tax filing due. Initial deadline.
- MAY 7: 571-L Business Property Tax due. Final date to avoid 10% penalty.
- APR 18*: C Corp Form 1120 Tax Return due. Can extend to October 16*.
- APR 18*: File the Research and Development Tax Credit Form 6765 along with your tax return. This can be extended to October 16*.
- APR 18*: Deadline to file the CA Franchise Tax . Pay $800.
- APR 18*: Federal Quarterly Estimated Tax first installment.
- APR 30: Claim R&D Tax Credits on Form 941 .
- 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 Tax second installment.
- JUL 1: Annual City of Santa Monica Business License Renewal filing due. A 60-day grace period before penalties are assessed is provided. Payment due on Gross Receipts.
- JULY 31*: Claim R&D Tax Credits on Form 941.
- AUG 31: Last day to file the Annual City of Santa Monica Business License Renewal before penalties are assessed.
- SEP 1: Delaware Quarterly Estimated Franchise Tax. Pay 20% of estimated annual amount (if annual amount expected to exceed $5,000)
- SEP 15: Federal Quarterly Estimated Tax third installment.
- OCT 16*: C Corp Form 1120 Tax Return final due date if extension was filed.
- OCT 31*: Claim your R&D Tax Credits on Form 941.
- 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 fourth installment’
- ROLLING:CA Statement of Information deadline date. Pay $25.
*Note: Startups need to prepare and file their federal and state tax returns by April 18 in 2023, unless filing for an extension. April 15 falls on a Saturday. Normally, when the tax deadline is on weekend or holiday, the deadline is moved to the next business day. However, Monday, April 17, is Emancipation Day, a holiday recognized in the District of Columbia, where the Internal Revenue Service is headquartered. The federal extension deadline for 2023 is October 16, since October 15 falls on a Sunday.
How Much Does a Startup Tax Return Cost? Try Kruze Consulting’sTax Preparation Pricing Tool.
If your Delaware C-Corp Santa Monica funded startup needs tax helpcontact us today!
SANTA MONICA, STARTUPS AND TAXES
On the west side of Los Angeles County, Santa Monica boasts both natural beauty and a diverse economy. Often called “Silicon Beach,” Santa Monica is home to hundreds of startup companies funded by venture capital.
The most important taxing authorities for companies in Santa Monica are:
- State of California Franchise Tax Board
- State of California Employment Development Department
- County of Los Angeles Treasurer and Tax Collector
- Los Angeles Office of Finance
Delaware C-Corps in Santa Monica have the April 18th federal and California tax return deadlines, plus several Santa Monica/Los Angeles specific dates. See the important dates above.
2022 Tax Deadlines for Santa Monica Startups
2022 startup tax deadlines are supplied for reference purposes only, and should not be used when making decisions in 2023 or beyond. Always consult your tax professional, and see our disclaimer below
- 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: Second installment of Los Angeles County property tax due. Delinquent if not paid by Apr 10.
- 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 the CA Franchise Tax due with Form 100. Pay $800. Extension for time to file return (not pay tax) can be filed.
- APR 15: Q1 CA Form 100-ES Q1 Estimated Tax due (30% of estimated tax).
- 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: Q2 CA Form 100-ES Q1 Estimated Tax due (40% of estimated tax). Note, CA does not require a Q3 installment.
- JUN 15: Federal Quarterly Estimated Tax 2nd installment.
- JUN 30: Annual City of Santa Monica Business License Renewal filing due. A 60-day grace period before penalties are assessed is provided. Payment due on Gross Receipts.
- JUL 29: Claim R&D Tax Credits on Q2 Form 941.
- AUG 31: Last day to file the Annual City of Santa Monica Business License Renewal before penalties are assessed.
- 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 31: Claim your R&D Tax Credits on Q3 Form 941.
- NOV 1: First installment of Los Angeles County property tax due. Delinquent if not paid by Dec 10.
- NOV 15: File the CA Franchise Tax due with Form 100 (if extended).
- 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.
- DEC 15: Q4 CA Form 100-ES Q1 Estimated Tax due (30% of estimated tax).
- ROLLING: CA Statement of Information due. Pay $25.
View tax compliance dates for Atlanta, Austin, Boston, Chicago, Dallas, Miami, Mountain View, New York City, Palo Alto, Salt Lake City, San Francisco, San Jose, Santa Monica, Seattle, and Washington DC
How Much Does a Startup Tax Return Cost? Try Kruze Consulting's Tax Preparation Pricing Tool.
How much can your startup save in payroll taxes? Estimate your R&D tax credit using our free calculator.