Tax season is around the corner, and preparation is key to a smooth experience. At Harding Bell International, we’re here to provide personalized guidance to help you navigate the complexities of tax filing. Let’s dive into some essential steps to get you ready.
Important Tax Season Dates to Remember
The IRS has announced that the tax filing season will start Monday, January 27, 2025. Mark your calendar for these crucial deadlines:
- April 15, 2025: The last day to file your federal tax return or request a six-month extension. Remember, an extension to file does not extend the deadline to pay any taxes owed.
- May 1, 2025: If you’re in a region affected by a recent disaster, like Hurricane Helene, you may qualify for an extended deadline.
- Explore other 2025 deadlines
Organize Your Tax Documents Early
To avoid last-minute stress, start gathering necessary documents early. Employers are required to send W-2 and 1099 forms by the end of January. Having these forms ready will help you complete your return accurately and efficiently.
Plan for Payments
Whether you’re expecting to owe taxes or uncertain about your liability, it’s wise to set aside funds now. If you’re a freelancer or have additional side income, consider making estimated tax payments to avoid penalties.
State-Specific Deadlines
While most states follow the federal deadline, some have their own schedules. For instance, states like Delaware, Hawaii, and Virginia have different state tax deadlines. Be sure to check your state’s Department of Revenue for specific information.
Being proactive about your tax preparation can save time and reduce stress. Harding Bell International is committed to assisting you with expert advice and comprehensive services to ensure you are ready for the 2025 tax season. Let’s work together to make this your most efficient filing experience yet. Contact us today.
