If you’re wondering when your Tax deadline is, there’s only a small window of time in which to do so. That window is April 15, and there are only a few weeks left. Depending on your situation, you may have time to file your return at a later date. In such a case, a few tips may help. Here are three important things to remember as you approach the deadline. Also, make sure you don’t forget to send in your return on time.
The IRS sets the date that taxpayers must file their federal tax returns by. The deadline is typically the 15th day of the fourth month after the end of the fiscal year. However, if your business uses a different calendar year, the deadline is the 15th day of the fourth month after the end of the fiscal year. Due dates that fall on holidays are generally moved to the next business day. It’s important to file your return by the deadline if you expect a refund.
The IRS also rolls over the federal tax deadline if the deadline falls on a weekend or a state holiday. During tax season, Emancipation Day (April 16) is a legal holiday in Washington D.C. In Maine, Patriots’ Day (April 18) is a statewide holiday and will push your filing deadline back to April 18 in most states. The federal government may set a different deadline for certain states.
There are also state tax deadlines. If you are required to file a state income tax return, check with your local tax agency. There’s also a six-month extension available for those who need more time to file their taxes. However, you must request the extension well before the original deadline. If your state does not extend the tax deadline, it is best to submit your taxes to the IRS on the previous day. This way, the IRS will be able to process your taxes in time for you and still accept your payment.
For businesses, the tax deadline will depend on the type of business. In most cases, small businesses are pass-through organizations. That means that business income is treated as the owner’s personal income. If your business is in this situation, you’ll want to file your taxes as early as possible to avoid penalties. But remember that there is a penalty if you don’t pay your estimated taxes on time. There are also deadlines for business tax returns and estimated tax payments.
If your business’ taxes fall into the category of personal tax returns, you’ll probably need to file for an extension. Make sure to file your paperwork properly to avoid penalties for not paying on time. You don’t want to be stuck with a no-file penalty. Remember that you have to make your payments by the deadline, and you can’t file if you can’t pay. You also need to check your personal information if you’re planning to file.