Tax Calendar
For Individual Taxpayers
September 15, 2024: Third Quarter Estimated Tax Payment Due
For those required to make estimated tax payments, the third quarter payment for the 2024 tax year is due on September 15, 2024. Reviewing your financial situation and adjusting your payments accordingly can help prevent any surprises when tax season arrives.
October 15, 2024: Extended Filing Deadline
If you filed for an extension, October 15, 2024, is your final deadline to submit your 2023 tax return. Ensure that you’ve completed all necessary forms and included all relevant documentation to avoid any further delays.
December 31, 2024: Year-End Contributions
To take advantage of tax benefits for the 2024 tax year, make sure to contribute to your retirement accounts, such as IRAs or HSAs, by December 31, 2024. These contributions can reduce your taxable income and potentially increase your tax refund.
For Businesses
September 15, 2024: Third Quarter Estimated Tax Payment
The third quarter estimated tax payment for 2024 is due on September 15, 2024. Keeping track of your estimated payments can help you avoid penalties and stay compliant with tax regulations.
December 31, 2024: Year-End Accounting
For businesses with a calendar year-end, December 31, 2024, is the deadline to complete your accounting year. Review your financial records, reconcile accounts, and prepare for year-end tax filings to ensure a smooth tax season.
Final Tips for a Stress-Free Tax Season
Stay Organized: Keep all your tax documents and receipts organized throughout the year. This will make tax preparation much easier and help you avoid last-minute stress.
Review Tax Law Changes: Tax laws can change from year to year. Stay informed about any new tax regulations or credits that might affect your filing.
Consult a Tax Professional: If your tax situation is complex, consider consulting a tax professional. They can provide valuable guidance and help you navigate any challenges.
