Summary of some June due dates.

As we just enter the month of June, let’s take a peek at the due dates in June.

First and foremost, 6/17/2024 is the due date for the second estimated tax payment which is applicable to various situations.

Because taxing agencies expect tax to be paid on income as it is earned, taxpayers that don’t make estimated tax payments open themselves up to underpayment penalties and interest.

Below are the types of estimated tax payments that the 6/17 due date applies to:

? Personal income tax, both Federal and State.

? NYS and NYC PTET tax, as well as NYS Franchise tax.

? NYC Corporation Tax and/or NYC UBT Tax.

Another important due date in June is the Sales tax which is due 6/20/24 for the period 3/1/24-5/31/24.

Have a question about this or another tax-related matter? Feel free to reach out!

#shomercpa #tax

Nik Gupta .

Accounting and Tax Consultant for USA and Canada region, EAs & Advisors, Virtual Assistants, Bookkeepers , Tax Advisors , Accountants

9 个月

its cool, thanks to share Yoseph Shomer, CPA

Meet Bhavsar

Virtual CFO I Accounting , Bookkeeping , payroll and tax preparer for U.S. CPA . Chartered Accountant

9 个月

Thanks for sharing . It really helps .

Nishil Shah

CPA| Co-Founder @Winspire Accounting LLC | Growth partner for CPAs | Entrepreneur |

9 个月

Thanks for the Sharing Yoseph Shomer, CPA

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