The IRS recently announced that it erroneously sent out notices indicating taxpayers made late deposits of employment taxes that were due around Memorial Day, 2016.
Since the Memorial Day holiday was observed on May 30, 2016, deposits that would have been due on Monday, May 30, were instead due on Tuesday, May 31, and the deposits that would have been due on Wednesday, June 1, 2016, were instead due on Thursday, June 2, 2016.
The IRS has now acknowledged that, due to a programming error, its systems did not recognize changes in deposit due dates created by the Memorial Day holiday and that it incorrectly sent notices to certain next-day and semi-weekly depositors that their deposits were late.
The IRS has acknowledged this error, corrected their system and updated the impacted taxpayer’s accounts. If you have any further questions, please contact your Dean Dorton advisor.