Important Tax & Payment Deadlines
INDIVIDUALS TAX ESTMATES FOR FEDERAL AND STATE
1st Quarter Estimated Payment - April 15th
2nd Quarter Estimated Payment - June 15th
3rd Quarter Estimated Payment - September 15th
4th Quarter Estimated Payment - January 15th Following Year
INDIVIDUAL TAX RETURNS & EXTENSIONS DUE DATES
Due Date or Extension: Tax Year 2024 - Tuesday, April 15, 2025
Final Date (Return must be postmarked) - Wednesday, October 15, 2025
Last Day to make a 2024 Traditional/Roth IRA Contribution - Tuesday, April 15, 2025
C - CORPORATIONS & S - CORPORATIONS
Calendar Year
C-Corporation - Monday, March 17, 2025
S-Corporation - Monday, March 17, 2025
Calendar Year/Extension
C-Corporation - Monday, September 15, 2025
S-Corporation - Monday, September 15, 2025
Fiscal Year - 3 1/2 months from your Fiscal Year end
Fiscal Year/Extension - 9 1/2 months from your Fiscal Year end
Minimum Tax Due ($800) - April 15th
Last day to fund a Keogh/Sep if you are a Corporation and on an extension - Monday, September 15, 2025 or Wednesday, October 15, 2025
PARTNERSHIPS & LLCs
Due Date - Monday, March 17, 2025
Extension/Extends for 6 Months - Monday, September 15, 2025
CITY OF LOS ANGELES BUSINESS TAX LICENSE
Friday, February 28, 2025
SALES TAX
Quarterly Sales Tax Payer
1Q - April 30th
2Q - July 31st
3Q - October 31st
4Q - January 31st Following Year
Monthly Sales Tax Payer
Last day of the month after the period ends
i.e., January sales tax is due by February 28th
Yearly Sales Tax Payer
Last day of the month after the period ends.
i.e., January sales tax is due by February 28th
PAYROLL TAX REPORTS
Quarterly Deposits (941 & DE6)
1Q - April 30th
2Q - July 31st
3Q - October 31st
4Q - January 31st Following Year
Yearly Deposits (W-2's/W-3's/940/DET)
Must be filed no later than:
January 31st Following Year
1099 Forms for Year 2024
Friday, January 31, 2025
2025 FEDERAL TAX DEPOSIT REQUIREMENTS
For assistance, please call the Dept. of the Treasury: 1-800-829-0115
Monthly Schedule Depositor - In October, the Department of the Treasury reviewed the Forms 941 you filed for the quarters ending September 30, 2024, December 31, 2024, March 31, 2025, and June 30, 2025, to determine your deposit requirements for 2025. You are a monthly depositor because your total tax liability for the four quarters was $50,000 or less. This means that when you pay wages for any one month, your deposit is due by the 15th day of the following month. It is your responsibility to verify this information against your quarterly tax records.
$100,000 Next Day Deposit Rule - If your accumulated Form 941 tax liability reaches $100,000 or more at any time during a calendar month, then your deposit is due by the next banking day. After that, you must make your deposits semi-weekly rather than monthly. Semi-weekly means that if you pay wages on Wednesday, Thursday, or Friday, your deposit is due by the following Wednesday. If you pay wages on Saturday, Sunday, Monday, or Thursday, then your deposit is due by the following Friday. If your accumulated Form 941 tax liability reaches $100,000 or more at any time during a semi-weekly period, then your deposit is due the next banking day.
$2,500 Rule - If your total tax liability for any quarter is less than $2,500, then you can pay the amount when you file your Form 941 instead of making deposits. If you're not sure your total tax liability for the quarter will be less than $2,500, then deposit using the monthly rules so you won't be subject to failure to deposit penalties.
ELECTRONIC DEPOSIT REQUIREMENT
You must use EFT to make all federal tax deposits. Generally, an EFT is made using the Electronic Federal Tax Payment System (EFTPS). EFTPS is a free service provided by the Department of Treasury. To get more information about EFTPS or to enroll in EFTPS visit www.eftps.gov or call 1-800-555-4477.