No April Fools, Taxes Are Due!
It’s officially coming down to the wire, Tax Day is on April 15th. Let’s recap everything that’s due:
Individuals:
• Your Form 1040, or individual tax return, is due. You can file Form 4868 for an automatic 6-month extension to file your return, but your tax payment is still due on April 15th. Failing to pay your taxes owed by this date can result in penalties and interest.
• If you’re required to pay estimated taxes, your first quarter 2025 estimated tax payment is due on April 15th.
• Depending on your state, you may also have state tax payments due.
C Corporations:
• For calendar-year C corporations, Form 1120 is due along with the payment of any balance due. You can file Form 7004 for an automatic 6-month extension to file your return.
• If your corporation is required to make estimated tax payments, your first quarter 2025 estimated tax payment is due on April 15th.
Tax Season Survival Guide
Feeling stressed during tax season? You’re not alone.
But a little prep can go a long way in reducing the anxiety this time of year often brings.
This free Tax Season Survival Guide is designed to help you:
-
Get organized early
-
Mark important deadlines
-
Work with a professional (instead of trying to wing it)
My guide walks you through all of this,and more,to help you feel confident and in control.
This guide is a great place to start, but it’s not a replacement for personalized support. Whether you’re preparing your books, filing taxes, or figuring out what to deduct, I’ve got additional services that can help.
The information provided is not intended as financial advice. Please consult your tax professional for guidance specific to your situation.
This freebie was originally shared in a past newsletter and may no longer be available for instant download.
If you’re looking for this resource or have a question, feel free to email us and ask if its still available!
If you’ve made it this far, I want to take this time to say THANK YOU for:
• Your patience with our email response times
• Referring your friends and family to us
• Leaving testimonials on your experience with Every Penny
• Making a tough time of year totally worth all the long hours
I’m forever grateful for your support of my small business, thank YOU for making all of this possible. Here’s to finishing tax season strong, and finally getting to breathe a bit. 💐
Lourene Bouffard
[email protected]
www.everypennybooks.com
(518) 290-8330