Don’t Miss September’s Tax Deadlines
Remember back in April when you extended your tax return and then proceeded to totally forget about it until now? Yeah, this is for you! But WAIT - before you close this because you have already filed, there’s still a deadline you need to know about in September (more on that in a bit).
Okay, listen up extended filers: you could have due dates this month AND in October, depending on the type of return. What’s the due date? September 15th for extended partnership and S corps.
Now, back to the part of this that could apply to everyone (regardless of whether you extended your tax return or not), your Q3 estimated tax payments are also due on the 15th.
If you expect to owe at least $1,000 in taxes when you file your return (after withholding and credits), you probably need to be making estimated payments. You especially need to be aware of this if you’re self-employed, earn rental or investment income, or have any other sources of significant income not subject to withholdings.
Once you get that settled, it’ll be about time to start thinking about filing for the 2025 tax year *GASP*! Can you believe it? We’ve said this before and we’ll say it again – get your books in order before it becomes an urgent rush job emergency! This will save you from unnecessary stress and keep things running smoothly. Think of it as an investment in peace of mind.
If you have questions, or are exploring accounting and bookkeeping services, reach out to us at Moneta Accounting Solutions.
Happy fall – and happy filing!
SEE ALSO: Moneta, The Roman Goddess of Money