APRIL 2025
No April Fools, Taxes Are 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.
Freebie Alert!
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• 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. 💐
