March
,March 10—You should collect Form 4070, “Employee’s Report of Tips to Employer,” from any employee who received $20 or more in tips.
March 15:
• If you pay your Social Security, Medicare, and income taxes withheld on a monthly deposit, you should make that deposit by this date for the February payment.
• If you withhold nonpayroll taxes and you deposit these taxes monthly, you should deposit the February payment by this date.
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