The IRS tax filing calendar is based on publishedIRS schedules, tax publications and estimates from prior taxyears. It should not be constructed as official IRS information. Also note that extended filing deadlines are provided for victims in federally declared disaster areas Sh...
Also, as always, you can use the link after the calendar to get your specific refund status. When can you file your 2024 federal tax return in 2025? Filing season is anytime between January 27 and April 15, 2025. Now, when to expect my tax refund based on when it's accepted!
Posted onJune 2, 2024 Reply The end of May coinciding with the end of a four-day workweek was a pleasant bonus of Memorial Day’s spot on the calendar this year. Another bonus: I had my last client-paid copy for the month filed by 2:09 p.m. Friday. ...
Mark these key federal tax dates on your 2025 calendar Tuesday, January 07, 2025 Updated, Wednesday, Jan. 8, 2025 Millions of taxpayers already are filling out their 2024 tax returns. Now they just need to know when the Internal Revenue Service will start processing them. On Friday, Jan. ...
Payment processors, including PayPal, are required to provide information to the US Internal Revenue Service (IRS) about customers who receive payments for the sale of goods and services above the reporting threshold in a calendar year. Will I have to pay taxes when sending and receiving money...
Payment processors, including PayPal, are required to provide information to the US Internal Revenue Service (IRS) about customers who receive payments for the sale of goods and services above the reporting threshold in a calendar year. Will I have to pay taxes when sending and receiving money...
Ina recent press release, the IRS confirmed that third-party payment platforms (PayPal, CashApp, Venmo, Zelle, and others) will soon report transactions that total above a certain amount to the government. For the calendar year 2024 or 2025, that limit is $5,000. ...
Yesterday, the IRS announced the 2024 employer mandate penalties (opens a new window) applicable to employers with 50 or more full-time equivalent employees (ALEs) under the Affordable Care Act (ACA). For the calendar year 2024, the A Penalty (IRC Section 4980H(a)) is $2,970 (which re...
Calendar-year 2022 returns filed by tax-exempt organizations, normally due May 15. The Consequences of Missing the New Deadline The repercussions can be significant if you miss filing by the extended deadline. Late-filed individual federal returns are subject to a penalty of 5% of the tax due...
Careless mistakes at tax time can leave people paying more money to the IRS. Those mistakes are avoidable through awareness of and adherence to the tax rules, including deadlines. Learn the five most common IRS penalties and how to avoid them.