Tax Deadlines Are Coming Soon!
Top news today, estimated tax payments are due soon. As business owners, you are required to make quarterly estimated tax payments. The deadlines for these quarterly payments are April 15th, June 15th, September 15th, and January 15th of the following year.
Make sure that you send your check by September 15th to avoid any underpayment penalties!
For owners of S-corps or partnerships who have filed an extension for their business tax return, both types of tax returns are due on September 15. There are no further extensions after that.
If you have a profitable business, you need to consider tax planning before December 31st, 2021. Tax planning will help you get the most out of your profits and minimize your tax bill legally.
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