Tax Due Dates - BG Business Solutions, Inc.
Stay Informed and Never Miss a Tax Deadline
Welcome to Ballard & Tronzo Bookkeeping-Tax Service, your trusted partner in providing top-notch tax solutions for businesses and consumers in the Business and Consumer Services industry. We understand the importance of staying updated on tax due dates to effectively manage your tax obligations. Our comprehensive guide below will ensure you are equipped with the knowledge you need to stay compliant and avoid unnecessary penalties.
Important Tax Due Dates for Businesses
As a business owner, it's crucial to stay on top of your tax responsibilities. Below, we have compiled a list of key tax due dates to help you plan and prepare your tax filings throughout the year:
Quarterly Tax Deadlines
- January 15: Fourth quarter estimated tax payments due for the previous tax year.
- April 15: First quarter estimated tax payments due.
- June 15: Second quarter estimated tax payments due.
- September 15: Third quarter estimated tax payments due.
Annual Tax Deadlines
Aside from quarterly tax payments, businesses also have annual tax obligations:
- March 15: Partnership tax returns (Form 1065) and S corporation tax returns (Form 1120S) are due.
- April 15: C corporation tax returns (Form 1120) and individual tax returns (Form 1040) are due. This date is also the deadline for filing for an automatic six-month extension.
- September 15: Extended deadline for C corporation tax returns (Form 1120) if an extension was filed.
- October 15: Extended deadline for individual tax returns (Form 1040) if an extension was filed.
- January 31: Deadline for filing W-2s and 1099-MISC forms with the IRS.
Additional Tax Deadlines
Depending on your business structure and industry, there may be additional tax due dates specific to your situation. Consulting with a tax professional is highly recommended to ensure compliance and avoid potential penalties.
Key Tax Due Dates for Individual Taxpayers
Individual taxpayers have their own set of tax obligations and deadlines. Familiarize yourself with these deadlines to meet your responsibilities effectively:
- April 15: Individual income tax returns (Form 1040) are due. This date is also the deadline for filing for an automatic six-month extension.
- October 15: Extended deadline for individual income tax returns (Form 1040) if an extension was filed.
- January 31: Deadline for filing W-2s and 1099-MISC forms with the IRS.
Stress-Free Tax Compliance with Ballard & Tronzo Bookkeeping-Tax Service
At Ballard & Tronzo Bookkeeping-Tax Service, we are committed to making your tax compliance process hassle-free. Our team of experienced professionals will ensure you are well-informed and prepared for every tax due date. We stay up to date with any changes in tax legislation, keeping you informed of any alterations to tax deadlines that may affect your business or individual tax obligations.
Whether you need assistance with quarterly estimated tax payments, annual tax return filings, or any other tax-related matter, our team is here to guide you. We understand the unique needs of businesses and individuals within the Business and Consumer Services industry, and we provide tailored solutions to help you maximize tax efficiency and minimize unnecessary expenses.
Contact Ballard & Tronzo Bookkeeping-Tax Service today to schedule a consultation with our experts. Don't let tax due dates stress you out – let us handle your tax obligations while you focus on what you do best – running your business and enjoying peace of mind!