Currently we have two reporting frequencies for B&O tax: Annual and Quarterly.
Annual Filers - Businesses earning revenue less than $1 million per year will generally be put on an annual filing status. For annual filers, the B&O filing and reporting due date is aligned with the business license expiration date. If at the end of the reporting period the threshold has not been met no B&O Tax will be due, however returns are still required to be filed. See reporting dates below:
Tax Year B&O Filing Due Date Reporting Period
2016-2019 January 31 January 1 - December 31
2020-Current April 30 January 1 - December 31
Quarterly Filers – Generally any business with revenue over $1 million per year will be required to report and pay B&O taxes quarterly. Quarterly returns and payment are due on or before the end of the month immediately following the end of the tax reporting quarter. See reporting dates below:
Reporting Period Return and Payment Due
Jan 1 - March 31 April 30
April 1 - June 30 July 31
July 1 - September 30 October 31
October 1 - December 31 January 31