Business
Dec 16, 2024

Upcoming Tax Deadlines for Different Types of Businesses in 2025

Upcoming Tax Deadlines for Different Types of Businesses in 2025
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As we step into 2025, staying on top of tax deadlines is crucial for businesses to avoid penalties and ensure compliance. Here's a detailed guide to the key dates based on your business type:

1. Sole Proprietors and Freelancers

  • Quarterly Estimated Taxes:
    • Q4 2025: January 15, 2025
    • Q1 2025: April 15, 2025
    • Q2 2025: June 16, 2025
    • Q3 2025: September 15, 2025
  • Annual Tax Filing Deadline:
    • April 15, 2025 (unless you file for an extension).

2. Partnerships and LLCs

  • Partnership Tax Return Deadline (Form 1065):
    • March 17, 2025 (as March 15 is a Saturday).
  • Extensions:
    • Extended deadline: September 15, 2025

3. S-Corporations

  • S-Corporation Tax Return Deadline (Form 1120-S):
    • March 17, 2025
  • Extensions:
    • Extended deadline: September 15, 2025

4. C-Corporations

  • C-Corporation Tax Return Deadline (Form 1120):
    • April 15, 2025
  • Extensions:
    • Extended deadline: October 15, 2025

5. Employers

  • Payroll Tax Deadlines:
    • Monthly deposit schedule or semi-weekly deposit schedule, depending on your classification.

Tips to Stay on Top of Deadlines:

  1. Set automated reminders for all deadlines.
  2. Use professional accounting tools to manage taxes efficiently.
  3. Consult with Peak Accounting for expert advice and support.

At Peak Accounting, we ensure your tax filings are timely and accurate. Reach out to us for personalized solutions for your business!

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