Tax Compliance
Key Dates for Tax Compliance : A Guide by Agile Income Tax LLC
Whether you’re a new business owner, a seasoned entrepreneur, or an individual taxpayer, keeping track of important tax dates is a crucial part of maintaining your financial health. This blog post will act as your guide to understanding and complying with the tax dates, ensuring you stay on the right side of the IRS.
Key Dates For Compliance
4th quarter estimated tax due date for individuals.
January 15
Annual W-2, 1099-MISC, 1099-NEC Distribution
Businesses are required to send out W-2 forms to their employees and 1099 forms to non-employees (like contractors) by January 31. These forms are essential for completing individual tax returns, as they report income earned during the previous year.
January 31
Annual Partnership and 5 corporation filing due date. The IRS impose a penalty for late filing of these tax returns.
Calendar corporations year and trust tax returns
March 15
1 st estineted tax payment due for corporation.
It is important to note that an extensión is only an extensión of time to file. the IRS requires that taxes are paid during the year and no leter than 4/15
April
Calendar Corporation and trust tax returns
Known as “Tax Day,” April 15 is typically the deadline for filing federal income tax returns. It’s important to either file your return or request a six-month extension by this date to avoid penalties.First Quarter Estimated Tax Payment Due: If you’re self-employed or have other income that requires you to pay quarterly estimated taxes, your first payment is due on this day.
April 15
Non profit return fead line
Texas Franchise Tax and public Information report
May 15
Due date for paying delaware LLC annual renewal fee
June 1
Second Quarter Estimated Tax Payment Due for individuals and corporations
1040 NR- Non resident Income tax return for individuals who have US income and do not live in the US
The due date for your second quarterly estimated tax payment.
June 15
Third Quarter Estimated Tax Payment Due
Extended corporation and partnership due date.
Your third estimated tax payment is due on this date. Corporate Tax Returns: If you filed an extension for your corporate tax return, the final deadline to submit it is September 15.
September 15
Extended Individual Tax Return Due Date
Extended calendar year corporation due date extended trust tax returns.
If you requested an extension to file your individual tax return, make sure to submit it by October 15.
October 15
Extended Texas Franchise Tax due date
Non extended protit due date
November 15
Fourth Quarter Estimated Tax Payment Due For Corporation
The final estimated tax payment for the year is due mid-December for Corporation.
December 15
If your entity is a fiscal year entity due dates may be different then those listed above. we recommend that you Contact our office if you need to know when to file.