Tax Planning Calendar

PLANNING CALENDAR

This calendar provides an example on key tax deadlines and tax planning activities throughout the year.

Month	Action Items	Review Items
January	Begin to compile information for tax reports Confirm estimated tax payments	Preliminary current year tax plan review RMD review Planning for upcoming cash flow needs Estimates vs withholding review Deductibility of fees review
February	Prepare tax reports Begin collecting tax returns	Preliminary current year tax plan review continued
March	Prepare tax reports continued	Tax return review Contributions to qualified plans
April	Confirm estimated tax payments	Tax return review continued Tax extension review Contributions to qualified plans continued
May	Collect remaining tax returns Prepare tax notes	Current year tax plan review Tax projections
June	Confirm estimated tax payments	Current year tax plan review continued
July	Review YTD contributions to contributory plans	Mid-year contribution adjustments (if needed)
August	Mid-Year Review (distributions, contributions, gains/losses)	Review tax-loss harvesting opportunities
September	Confirm estimated tax payments	Evaluate retirement plan contributions
October	Final collection of tax returns	Tax return review continued Final contribution planning – business retirement plans
November	Final current year tax plan review Distribution planning	Contribution planning – qualified plans
December	Confirm state estimated tax payments	Final current year tax plan review continued Realized gain (loss) review ROTH conversions