Kewal Krishan & Co, Accountants | Tax Advisors
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  • 2024-12-27
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Don’t Let Tax Season Sneak Up on You!

Tax season is back! And let’s be honest—nobody likes dealing with deadlines, but missing them can mean penalties, late fees, or even an unexpected letter from the IRS. Whether you’re a business owner, CPA, attorney, or individual taxpayer, staying on top of key IRS tax deadlines for 2025 is crucial.
But don’t worry—we’ve got you covered! Save this blog, mark your calendar, and avoid last-minute stress. Here’s everything you need to know to stay tax-compliant in 2025.

Key IRS Tax Deadlines for 2025

January 16, 2025 – Q4 Estimated Tax Payment Due

If you’re self-employed or earn income that isn’t subject to withholding, your fourth-quarter estimated tax payment is due. Many taxpayers forget this deadline and end up with underpayment penalties at year-end. Setting up automatic reminders or working with a tax professional can help avoid these costly mistakes.

January 31, 2025 – W-2s and 1099-NECs Must Be Sent

Employers must send W-2 forms to employees and 1099-NEC forms to independent contractors by this date. Businesses often struggle with gathering the necessary data in time, leading to last-minute rushes, errors, or even penalties for late filings. If you’re unsure about filing requirements, seeking professional tax assistance can keep your business in compliance.

March 15, 2025 – Deadline for S-Corps and Partnerships

If you own an S Corporation (Form 1120S) or a Partnership (Form 1065), your business tax return is due. Many business owners get caught off guard by the complexity of partnership tax filings, especially with K-1 distributions. If tax documents aren’t ready, filing an extension ensures you don’t miss the deadline and avoids unnecessary penalties.

April 15, 2025 – The Major Deadline for Individuals and C-Corporations

  • Personal Tax Returns (Form 1040) are due. Many taxpayers put off filing and end up scrambling to find missing documents at the last minute, leading to errors, missed deductions, or IRS penalties.
  • C-Corporation Tax Returns (Form 1120) must be filed and taxes paid. Businesses often underestimate their tax liabilities, leading to cash flow issues when tax payments are due.
  • IRA and HSA Contributions Deadline. Not maximizing retirement contributions is a missed opportunity for tax savings. Consulting a tax expert can help you take full advantage of deductions.
  • Extension Filing (Form 4868). If you need more time, you can file an extension to push the deadline to October 15. However, many taxpayers mistakenly think this extends their payment deadline—it doesn’t. Taxes owed must still be paid by April 15 to avoid interest and penalties.

June 17, 2025 – Q2 Estimated Tax Payment Due

This applies to self-employed taxpayers and those who owe estimated taxes. Many freelancers and business owners underestimate their quarterly tax payments, leading to large tax bills and potential IRS penalties. A tax advisor can help calculate accurate payments to avoid surprises.

September 15, 2025 – Extension Deadline for S-Corps and Partnerships

If you filed for an extension in March, this is your final deadline to submit your S-corp or Partnership tax return. Many business owners assume an extension means more time to pay, but it doesn’t. Any unpaid taxes after the original deadline could still accrue penalties and interest.

October 15, 2025 – Extended Deadline for Individuals and C-Corps

This is the last day to submit your individual (1040) or C-corporation (1120) tax return if you filed for an extension in April. Procrastinating until the last minute increases the risk of errors or overlooked deductions. Working with a tax professional ahead of time ensures a smooth and stress-free filing process.

January 15, 2026 – Final Estimated Tax Payment for 2025

Your fourth-quarter estimated tax payment for the 2025 tax year is due. Many small business owners fail to track their income properly throughout the year, which leads to underpayment penalties or unexpected tax bills in April. Proactive tax planning can help you stay ahead.

Final Thoughts

Tax season doesn’t have to be stressful—preparation is key. By staying ahead of these important deadlines, you can avoid penalties, reduce last-minute filing stress, and even find opportunities to save on taxes. Whether you’re a business owner, CPA, or an individual taxpayer, making tax compliance a priority will set you up for a smooth filing season.

If you’re unsure about your tax obligations or need help with IRS compliance, don’t wait until the last minute. Seeking professional tax assistance can help you maximize deductions, stay compliant, and file accurately.

Need Expert Tax Guidance? Contact Us Today

For personalized tax assistance, reach out to our founder and CPA, Anshul Goyal, at anshul@kkca.io. Whether you need help with tax preparation, FINCEN reporting, or IRS compliance, our team is ready to assist you.
Get in touch today and stay tax-ready in 2025!

Disclaimer

This blog is for informational purposes only and does not constitute legal, financial, or tax advice. Tax laws and deadlines are subject to change, and every taxpayer’s situation is unique. Consult a qualified tax professional or CPA for personalized guidance tailored to your specific circumstances.

 

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