Upcoming Tax Due Dates

Staying on top of important tax dates is crucial for managing your finances effectively. Key deadlines include April 15 for individual tax returns, June 15 for those living abroad, and September 15 for estimated tax payments for self-employed individuals. Depending on their structure, businesses must file their returns by March 15 or April 15. Remember also to track quarterly estimated tax payment due dates to avoid penalties. By keeping a calendar of these deadlines, you can ensure timely filings, avoid late fees, and maintain good standing with the IRS. For personalized assistance with important tax dates, contact us at Quantum Tax Strategies.

September 16

Individuals: Pay the third installment of 2024 estimated taxes (Form 1040-ES), if not paying income tax through withholding or not paying sufficient income tax through withholding.

Calendar-year corporations: Pay the third installment of 2024 estimated income taxes, completing Form 1120-W for the corporation’s records.

Calendar-year S corporations: File a 2023 income tax return (Form 1120-S) and provide each shareholder with a copy of Schedule K-1 (Form 1120S) or a substitute Schedule K-1 if an automatic six-month extension was filed. Pay any tax, interest and penalties due.

Calendar-year S corporations: Make contributions for 2023 to certain employer-sponsored retirement plans if an automatic six-month extension was filed.

Calendar-year partnerships: File a 2023 income tax return (Form 1065 or Form 1065-B) and provide each partner with a copy of Schedule K1 (Form 1065) or a substitute Schedule K1 if an automatic six-month extension was filed.

Employers: Deposit Social Security, Medicare and withheld income taxes for August if the monthly deposit rule applies.

Employers: Deposit nonpayroll withheld income tax for August if the monthly deposit rule applies.

Upcoming Tax Due Dates

September 30

Calendar-year trusts and estates: File a 2023 income tax return (Form 1041) if an automatic five-and-a-half-month extension was filed. Pay any tax, interest and penalties due.

October 10

Individuals: Report September tip income of $20 or more to employers (Form 4070).

Struggling with IRS Issues?
We’re Here to Help

If you’re ready to take control of your tax situation, resolve IRS audits, and start saving, we encourage you to contact Quantum Tax Strategies at (877) 205-2565. Our tax consultants are standing by to provide you with the personalized guidance and support you need to achieve your financial objectives.