What is so important about June 30th? Summer. Hot dogs. Watermelon. Ice cream. Swimming. Baseball. Taxes?!?   The last day of this week is also the last day of the month. But more than that, it is also the last day of the second quarter of the year.  What does that mean? It is not a game. It has nothing to do with sports. But I have always said, How can you play the game to win if you don’t even know the rules?  I’m talking the Tax Game. And if you run afoul of the tax laws you could suffer some severe tax penalties! And I’m not talking losing points, I’m talking money. I always want to help you avoid IRS problems and keep more of what is yours from becoming theirs – spelled “t-h-e-I-R-S”.  Our tax calendar year is divided into quarters. Quarters for estimated tax payments are not the same as quarters for employers’ taxes. You may be self-employed and have to make Estimated Tax Deposits. If you are a business owner who has employees, then you must remember your Employer’s Quarterly Federal Tax Return, Form 941 will be do soon. As a matter of fact, the second quarter ends June 30th and the second quarter Form 941 is due by the end of the following month. That means it is due July 31st.  So, keep your payroll records current. Keep your payroll tax payments current. And avoid the common IRS triggers. Of course, there are a lot of rules about paying your taxes, and I’ll tell you how to do that in the next blog. Just remember to stay on top of your payroll tax game. No outs, no fouls, no penalties. I want to help you hit your tax ball out of the park and avoid IRS problems! Image(s): FreeDigitalPhotos.net