Staying on top of tax deadlines is crucial for individuals and businesses to avoid penalties and fees. Here are some key IRS due dates to keep in mind:
1. April 15, 2024: Individual Tax Returns (Form 1040)
- This is the deadline for filing individual tax returns for the 2023 tax year. You can extend this date to October 15, 2024, by filing for an extension.
2. March 15, 2024: S-Corporation Tax Returns (Form 1120S)
- Deadline for filing S-corporation tax returns or requesting an extension.
3. March 15, 2024: Partnership Tax Returns (Form 1065)
- Deadline for partnership tax returns or requesting an extension.
4. April 15, 2024: C-Corporation Tax Returns (Form 1120)
- Deadline for filing C-corporation tax returns or requesting an extension.
5. June 15, 2024: Second Estimated Tax Payment for U.S. Citizens Abroad
- For individuals who are U.S. citizens or residents living abroad, this is the deadline for the second estimated tax payment.
6. September 15, 2024: Third Estimated Tax Payment for Individuals
- Mark this date for the third estimated tax payment for individuals.
7. October 15, 2024: Extended Deadline for Individual Tax Returns
- If you requested an extension by April 15, 2024, this is the extended deadline for filing individual tax returns.
8. December 31, 2024: Year-End Tax Planning and Contributions
- Don't forget that December 31, 2024, marks the deadline for various year-end tax planning strategies and contributions, such as contributions to retirement accounts or Health Savings Accounts (HSAs).
Please note that tax dates are subject to change, so it's important to check the IRS website or consult with a tax professional for the most up-to-date information to ensure compliance with your tax obligations.
For inquiries and consultations, you can contact Arturo Gonzalez, the owner of Abacus Business Consulting, at arturo@abacusbc.net or call us at 713-410-2554.
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