Reported 3 days ago
As the tax season approaches, businesses must be aware of crucial filing deadlines for 2025. S-corporations, partnerships, and LLCs filing as S-corps must file by March 17, while sole proprietorships and freelancers have until April 15. Missing these deadlines can lead to significant penalties, but there are options for extensions and penalty abatement in certain circumstances, especially for those affected by natural disasters. Understanding and adhering to these deadlines is essential for smooth tax operations.
Source: YAHOO