Tax deadlines · 6 minute read

Most deadline lists are a wall of dates, and almost none of them apply to you. These are the ones that do if you run a construction, trades, or professional services business — what each date actually requires, and the work that has to happen weeks before it.

One thing to get straight first, because it changed and a lot of people haven't noticed.


The 1099 threshold moved

For payments made during 2026, Form 1099-NEC reporting starts at $2,000, not $600. That figure sat at $600 for a very long time. It applies to the payments you made this year and report at the start of next.

Most of Form 1099-MISC moved to $2,000 as well. Two exceptions worth knowing: gross proceeds paid to an attorney stay at $600, and royalties stay at $10.

Before you decide this makes your January easier, three things.

It does not change anything about W-9s. You still need one from every subcontractor and vendor, and you still need it before you pay them, not after. A missing W-9 at the end of a job is how backup withholding becomes your problem rather than theirs.

It does not change state requirements, which are set separately and in some states still sit lower.

And it only helps if you can tell, per vendor, what you actually paid across the whole year. If a subcontractor's payments are spread across a card, a cheque, and two different expense accounts, you can't answer that question in January without a reconstruction. That's a bookkeeping problem that disguises itself as a tax problem, and it's most of what I get called about in the first week of February.


Before 31 December 2026

Nothing on this list has a form attached. It's the work that has to happen inside the tax year, because on 1 January the door closes on most of it.

W-9sChase the missing ones now. In January every bookkeeper in the country is doing the same thing and your subs stop answering the phone.
EquipmentAssets generally need to be placed in service — actually in use, not merely ordered or paid for — by 31 December to count for this year.
S-corp payrollIf you take a salary from your own S-corp, it has to run through payroll before year end. It cannot be fixed with a journal entry in March.
ReceivablesDecide what is genuinely uncollectible rather than carrying it into another year, and make sure retainage is sitting where it belongs.
RetirementSetup and funding deadlines vary by plan type, and some of them are 31 December. If you're considering one, ask before the month runs out.

Friday 15 January 2027

Fourth-quarter estimated tax for 2026. The last instalment for the year just ended.

This is the one service businesses most often get wrong, and the reason is structural rather than careless. Estimated payments get set early in the year from last year's numbers, then a strong autumn arrives — a big job closes, a retainer scales up — and the January payment is still sized for a version of the business that stopped existing in September. The underpayment doesn't surface until the return is prepared, by which time interest has been accruing quietly for months.

If your last few months looked materially different from your first few, that payment deserves a recalculation and not a repeat.

Monday 1 February 2027

The heaviest date on the calendar, and four separate obligations land on it at once.

W-2To every employee, and to the Social Security Administration with Form W-3.
1099-NECTo every recipient and to the IRS. Same date for both — there is no later filing date for this form.
Form 940Federal unemployment tax for 2026.
Form 941Fourth-quarter payroll return for 2026.

The statutory date is 31 January. In 2027 that falls on a Sunday, so everything above moves to Monday the 1st. Treat that as a weekend of grace, not two extra working days.

Form 1099-MISC runs on a different clock, which catches people out. Recipient copies are due by 1 February, but the IRS copy isn't due until 1 March on paper, or 31 March if you file electronically.

Monday 15 March 2027

Partnership and S-corporation returns. Form 1065 and Form 1120-S, together with the K-1s that go to each partner or shareholder.

The K-1 is the part that matters to everyone else. Your partners can't file their own returns until they have it, so a late entity return doesn't just cost you — it holds up everybody attached to the business.

Extending moves this to 15 September 2027.

One easily missed item shares this date. If you want S-corporation treatment for the 2027 tax year, Form 2553 is due 15 March 2027. Miss it and you're waiting a full year, which is an expensive way to learn about a filing deadline.

Thursday 15 April 2027

Individual and C-corporation returns. Form 1040 and Form 1120. First-quarter 2027 estimated tax is due the same day, which is its own small trap — you're paying forward into the new year at the same moment you're settling up on the old one.

Extending moves the return to 15 October 2027.

Worth saying plainly, because it's the single most expensive misunderstanding in this whole article: an extension to file is not an extension to pay. The return can wait. The money cannot. If you extend without paying what you owe, interest and penalties run from April regardless of how neat the paperwork is.

The rest of 2027

15 JunSecond-quarter 2027 estimated tax.
15 SepThird-quarter estimated tax, and extended partnership and S-corp returns.
15 OctExtended individual and C-corp returns.

The deadline is rarely the problem

In twenty years I have watched very few businesses miss a date because they didn't know it was coming. They miss it because the books weren't in a state to produce the numbers, and the fortnight that should have been review turned into reconstruction.

Every date above is really a deadline for something that happens earlier: the W-9 collected in October, the vendor payments coded consistently all year, the estimated payment recalculated in November rather than assumed in January. Do that part and these dates are administrative. Skip it and they're a scramble, every year, forever.

Federal dates above are drawn from the IRS tax calendar for 2027 (Publication 509), which was still an early-release draft when this was written in November 2026. Dates occasionally shift. This is general information about filing deadlines, not tax advice for your situation — your CPA or tax preparer should confirm what applies to you before you act on it.

Not confident your books will produce those numbers?

That's a fixable problem, and it's much cheaper to fix in November than in February. Fifteen minutes on the phone, no cost, no obligation — I'll tell you honestly what shape your file is in and what it would take to be ready.

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