And using the money for higher education may keep you from paying federal income tax on your interest. Deferral Won’t Last Forever One of the principal reasons for buying EE bonds is the fact that interest can build up without having to currently report or pay tax on it. Unfortunately, ...
When are taxes due if I file an extension?If you file Form 4868 and receive the automatic six-month extension, you have until Oct. 15, 2025 to submit your 2024 tax return. If you miss the tax extension deadline, the next best step is to get your tax return filed as soon as ...
If you're self-employed or part of an S corporation or partnership and expect to owe more than $1,000 this year, there's a good chance you're required to make estimated tax payments throughout the year. Estimated payments are due on a quarterly basis. Ch
Knowing when the tax return is due is essential to ensure that you file your taxes correctly and on time. This article will provide an overview of the important dates and deadlines for filing taxes in 2015, including information for individuals, businesses, and self-employed individuals. Understan...
Any taxes you owe are still due by April 15, 2025. Unpaid balances may be penalized and accrue interest. For certain taxpayers, April 15 is not the only Tax Day to keep in mind. Depending on where you live, it's possible that your state or local income tax deadline could be ...
The 2024 tax season has begun and the deadline for most people to file their federal tax returns is April 15, 2025. Some Americans have a different due date, however, and state filing deadlines are all over the place. Here are all the tax deadlines for 2025, plus when you need to fil...
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 ...
Tax Deductions for the Self-Employed The general rule is that any ordinary and reasonable expense you pay while conducting a business activity is deductible in the year that it was paid. Jessica WalrackFeb. 26, 2025 Didn’t Pay Estimated Taxes? Do This ...
The Federal Trade Commission (FTC) is currentlysuingTurboTax parent company Intuit, claiming the software company is misleading people with its promotions over free tax filing. (Intuit, for its part,saysit follows IRS rules and has called the allegations "simply not credible.") ...
Tax season is the period when individuals, couples, and some businesses prepare their documents for filing taxes, which are generally due on or about April 15 of each year. Most people and businesses start receiving the needed documents to fill out their tax forms in January. Therefore, tax ...