When are 2024 taxes due? Important Tax Deadlines and Dates Individual Filers - including employees, retirees, self-employed individuals, independent contractors, and gig workers Click to expand Key Takeaways Individual income tax returns are typically due April 15, unless the date falls on a ...
LISA GREENE-LEWIS: Right. The tax deadline is April 18th, so you have a little bit more time. And that is because the 15th, which is the usual deadline, falls on a holiday. TRACY BYRNES: Right. So you at least have the weekend to get it done because then the return is due on ...
File by the right deadline to avoid penalties.Fidelity Smart Money Key takeaways Federal income tax returns for tax year 2024 are due on April 15, 2025. If you file for an extension, you have until October 15, 2025, to file your return, but you still must pay any taxes you owe by ...
including real estate, ride shares, delivery driving, online retail and personal or professional services. If your business has employees, this tax software allows you to prep and print unlimited W-2 and 1099 forms.
Where can I get the forms I need to file my business taxes? All of the forms that you’ll need to file your business taxes are available through the IRS. Depending on the type of business you’re running, you’ll need different tax forms. Check the specifications in our article to fin...
However, every year, you must make an effort to know when taxes are due. Otherwise, the IRS may hit you where it really hurts: your wallet. Filing after the deadline may incur a penalty: 5% of the unpaid tax, every month, to a maximum of 25%. Filing on time but paying late ...
The January 31st deadline has a dual purpose. First, it ensures that employees receive their forms in time to file their taxes, and it keeps the whole process moving smoothly for everybody. Employers are busy getting all their paperwork in order after the end of the tax year, and this de...
Work schedules and changes to such schedules Vacation/PTO (paid time off) and paid sick leave Wage reporting forms, including, for example, W-2, W-3, W-4, and 941 forms, and state payroll reporting forms When employees are overpaid or underpaid, even when such errors are inadvertent, the...
Federal unemployment tax (FUTA) When you pay your employees, you do not pay them all the money they earned. The income tax and the employees' share of FICA (Social Security and Medicare) you withhold from your employees' paychecks are the part of the money you pay to the U.S. Treasury...
Tax season is the period when individuals and businesses prepare their documents for filing taxes, which are generally due on or about April 15 of each year. Most individuals and businesses start receiving the needed documents to fill out their tax forms in January. Therefore, tax season is usu...