Jan 17thFinalestimated taxquarterly payment due for 2023 Jan 29thIRS E-file goes "live" allowing acceptance and processing of electronic tax returns for the vast majority of tax filers. Paper tax returns will begin processing a week or two later (see est.IRS refund schedu...
To avoid or minimize estimated tax penalties, adjust your tax withholding from your paycheck or estimate your tax bill and make estimated quarterly payments. Those quarterly estimates are typically due on: April 15 June 15 September 15 January 15 However, if one or more of those dates fall on...
In addition to penalties, interest accrues on any unpaid tax from the return's due date until the payment date. The interest rate is determined quarterly and is typically around 3% to 5%. Options If You Can't Pay in Full If you can't pay the full amount owed by April 15th, it's ...
15, 2025, filing and payment deadline Sunday, January 12, 2025 UPDATE, Monday, Jan. 13, 2025: California officials also are offering taxpayers in Los Angeles County a postponement on filing 2024 state tax returns and making tax payments that would have been due between January 7 and ...
Tax relief for February winter storms in Texas, Oklahoma, and Louisiana. The deadline to file individual and/or business tax returns, as well as make payments for due tax, had been extended to June 15, 2021, by the IRS. This applies to 2020 IRA contributions, quarterly estimated tax payme...
Things don't always go as planned when it comes to filing your tax returns and paying your taxes on time. Even if you have the best intentions, you might face an IRS tax penalty for underestimating your quarterly payments, missing a tax filing deadline, or bouncing a che...
The IRS interest rates are adjusted quarterly, so it’s important to check the rates frequently if you owe unpaid taxes or your tax refund is delayed.
Updated:Feb 11, 2024 As the IRS notes, for nine out of ten tax filers it takes a maximum of 21 days to receive a tax refund (when eligible) after their tax return has been accepted. But this is still just an estimate based on past IRS refund schedules and not a guarantee. ...
Due on January 31st, 2024 Get Started Now What is the IRS Form 941? Employer's Quarterly Federal Tax Return If you are a business owner and have employees working for you, then you need tofile IRS Form 941, Employer’s Quarterly Federal Tax Return, every quarter. As an employer, you ...
E-file Employment Tax Forms, such as Form 941 (Quarterly Federal Tax Return to report federal income tax, social security, and medicare taxes) and Form 940 (Federal Unemployment (FUTA) Tax). Additionally, you can apply for the Form 94x Online PIN for free. Form 941 Employer’s QUARTERLY ...