Due Dates for Quarterly Tax Returns

Calendar Year 2007

DO I QUALIFY TO FILE QUARTERLY TAX RETURNS?

Public Law 109-59 amended 26 USC 5061 to allow proprietors of distilled spirits plants, bonded wineries, bonded wine cellars and breweries who were liable for not more than $50,000 distilled spirits, wine, or beer excise tax in the previous calendar year, and who reasonably expect to be liable for not more than $50,000 in such taxes in the current year, to file tax returns on a quarterly basis.

Please note that you must be sure that bond coverage is sufficient before you elect to file returns on a quarterly basis. Refer to guidance on how to qualify for quarterly filing or call us at 1-877-882-3277 for more information.

HOW DO HOLIDAYS AFFECT TAX DUE DATES?

The above list takes into account all Federal holidays. In the event that the due date, as indicated in this schedule, falls on a State-wide legal holiday in the State where the return is required to be filed, the due date is the immediately preceding date which is not a Saturday, Sunday, or legal holiday for non-electronic funds transfer (EFT) payers.

State-wide legal holidays would not advance the due date of EFT tax returns and payments as long as the Federal Reserve Bank of New York City remains open and accepts electronic fund transfer payments.

HOW DO I MAKE AN ELECTRONIC PAYMENT?

For processing and filing electronic payments/returns for Federal excise taxes and operational reports, we use Pay.gov, a Government-wide financial transaction portal supported by the Department of the Treasury.  We provide this convenience to our customers to encourage a safe, efficient, and timely way to make financial transactions. To enter Pay.gov, click here.

For Pay.gov payments, your Automated Clearing House (ACH) payment must be completed no later than 4 p.m. EST, one business day prior to the due date.