April 15^th is Approaching —How Do I Know What Tax Filing Deadlines Apply to Me?

How do I know what tax filing deadlines apply to me?

Tax filing deadlines can vary depending on your specific circumstances and the types of taxes you must file. Here are some common tax filing deadlines that may apply to you:

1. Individual Income Tax Returns (Form 1040): If you are a calendar year filer, the general deadline for filing individual income tax returns in the United States is April 15th of each year, unless it falls on a weekend or holiday, in which case it’s moved to the next business day.

• Extension Deadline: If you file an extension (Form 4868) by the original deadline, you have until October 15th to file your return without incurring a late filing penalty.

• Estimated Quarterly Tax Payments: If you’re self-employed, have freelance income, or don’t have enough taxes withheld from your income, you may be required to make quarterly estimated tax payments. These are due on April 15th, June 15th, September 15th, and January 15th of the following year.

• Partnership and S-Corporation Returns (Form 1065 and Form 1120-S): These returns are typically due on March 15th, with a 6-month extension available upon request.

• Corporate Income Tax Returns (Form 1120): These returns are generally due on April 15th, with a 6-month extension available upon request.

• Payroll Tax Returns (Form 941): Quarterly payroll tax returns are due on the last day of the month following the end of the quarter (i.e., April 30th, July 31st, October 31st, and January 31st).

• Sales Tax Returns: Sales tax return deadlines vary by state and can be monthly, quarterly, or annually. Check with your state’s tax agency for specific deadlines.

We are here to help you if you have any questions so consult our tax lawyers at Dayes Law Group – Tax Lawyers to:

1. Confirm which deadlines apply to your specific situation.
2. File an Extension.
3. Determine what to do if you can’t pay the taxes you owe.
4. What do you do if you haven’t filed in previous years or owe taxes for previous years you haven’t paid?
5. Have you received any type of notice from the IRS?
6. Have any other questions about your taxes?
7. Please Note:  Failure to meet tax filing deadlines can result in penalties, interest, or other consequences.

Please note that the information provided in this communication is for general informational purposes only and should not be construed as legal advice. It is not intended to create an attorney-client relationship with Dayes Law Firm or any attorney at the firm  or provide a substitute for professional legal counsel.

Until we have been formally engaged through a signed agreement and retainer, we are not your attorneys and cannot provide specific legal advice tailored to your individual circumstances. If you require legal assistance, please contact Norris Lozano at norris.lozano@dayeslawfirm.com to schedule a consultation or seek guidance.