Important New Business Due Dates

New Entities

  • Small Business “S-Election” is due by the 15th day of the 3rd month after the start date of the entity.
  • Limited Liability Companies — Tax Entity Classification Election is due within 75 days of creating the LLC, or before March 15th if elections are to be retroactive to January 1st.

15th of Each Month

  • Federal payroll taxes withheld from employee’s payroll and employer’s matching taxes are due on the 15th day of the month following the month that federal payroll taxes exceed $2,500.

20th of Each Month

  • Sales tax returns are due.

April 15th, June 15th, September 15th, January 15th

  • Due dates for paying quarterly estimated income tax payments for individuals.

April 30th, June 30th, September 30th, January 31st

  • Form 941 — Employer’s Quarterly Federal Tax Return
  • Louisiana Payroll Tax Withholding Report
  • Louisiana Department of Labor Unemployment Tax Report
  • Federal Unemployment Tax Deposit

January 31st

  • Issue W-2’s to employees and 1099’s to individuals for payment of contract labor, rent and interest
  • 940 Federal Unemployment Return

February 28th

  • Send W-3 AND Social Security Administration (SSA) copies of W-2s to SSA
  • Send L-3 and State of Louisiana copies of W-2s to Louisiana Department of Revenue
  • Personal Property Tax Return

March 15th

  • Corporate Income Tax Return Due
  • Occupational Licenses Renewal

April 15th

  • Individual Income Tax Return and Occupational Licenses Renewal

May 15th

  • State Annual Report to the Louisiana Secretary of State