Upcoming events and deadlines

Shakh Kadirov

01/31/2025
Deadline to file 1099 forms for your contractors and vendors

1099 Filing Deadlines and Tips
Deadlines:
  • January 31, 2025: Send 1099 forms to recipients.
  • February 28, 2025: Paper filing with IRS.
  • March 31, 2025: Electronic filing with IRS.

Tips:
  • Who Files: Anyone paying $600+ to contractors or vendors.
  • Common Forms:
  • 1099-NEC: Non-employee compensation.
  • 1099-MISC: Miscellaneous income.
  • Avoid Penalties: File on time to avoid fines.

03/01/2025
Deadline to file franchise tax report/annual report in some states.

Annual Report Filing Deadlines and Tips
Deadlines:
  • Mar 1, 2025: Delaware corporation franchise tax report, Nebraska Corporation Biennial Occupation Tax Report 
  • Mar 15, 2025: Alabama Corporation Business Privilege Tax Return
Tips:
  • Who Files: Any corporation that is registered within the state. (domestic or foreign)
  • Avoid Penalties: File on time to avoid fines.
03/17/2025
Deadline to file the tax return or an extension for an S corp or Partnership
S corp and Partnership Deadlines and Tips
Deadlines:
  • Tax Return Filing: March 17, 2025 (since March 15 is a Saturday).
  • Extension Filing: March 17, 2025 (using IRS Form 7004 for a six-month extension).
Tips:
  • Who Files: Anyone who has an S corp or Partnership (EVEN IF HAD NO INCOME)
  • Common Forms:
  • 1120S: S corporations
  • 1065: Partnerships
  • Avoid Penalties: File on time to avoid fines.

 

     

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