A new year means that tax time is just around the corner. For some people, tax season is an exciting opportunity to get organized and tackle their annual finances. However, many others feel intimidated by taxes, pushing off filing taxes until the last minute or even missing important deadlines. If this sounds like you, don’t worry. You’re not alone. According to the IRS, 20-25% of US taxpayers wait until the last two weeks to prepare their tax returns.
As Roanoke’s trusted tax experts, we at Neely’s want you to have all the info you need. Knowing your deadlines is step-one in taking control of tax season. It helps you avoid a stressful, last-minute scramble or worse—missed deadlines and fines. To help, we’ve compiled all the season’s tax deadlines so you can face the 2025 tax season with confidence.
Personal Income Tax & Self-Employed Deadlines
- January 15, 2025 – 4th Quarter 2024 estimated tax payment due. If you’re self-employed or have other income without any tax withholding, and you make quarterly estimated tax payments, this is the due date for your final quarterly payment for the 2024 tax year.
- January 31, 2025 – Due date for employers to send W-2 forms, 1099 forms, and other important forms. The IRS requires employers to send W-2s no later than January 31 following the close of the tax year. January 31 is also the deadline to send 1099 forms, and forms 1099-NEC,1099-MISC, and 1099-K which are used to report payments that typically don’t come from an employer, such as income from work as an independent contractor, gig worker, or self-employed person or income like interest, dividends, prize winnings, rents, royalties, or brokerage account transactions.
- February 28, 2025 – Due date to file 1099/1096s (excluding 1099-NECs) if you are paper filing. If you choose to paper file, and have income requiring a 1099, your deadline to file is a bit earlier than the standard, mid-April tax deadline.
- April 15, 2025 – Tax day. Unless it’s a weekend or a holiday, the deadline to file your taxes is always April 15th. It’s also the last day to make HAS contributions and contributions to the majority of retirement plans and to pay your 1st quarter estimated taxes. You can also file for an extension if your documents are quite ready to submit.
- June 16, 2025 – Second quarter 2025 estimated tax payment due. Quarterly estimated taxes aren’t quite evenly spread out in the calendar year. The first payment occurs 3 and a half months into the year. The second payment is five and a half months; the third payment is eight and a half months, and the fourth payment is due 12 and a half months after the year starts.
- September 15, 2025 – Third quarter 2025 estimated tax payment due.
- October 15, 2025 – Deadline to file your extended 2024 tax return. If you chose to file an extension request on your tax return, this is the due date for filing your tax return.
Businesses – Partnerships (including LLCs), C Corps (Form 1120), S Corps (Form 1120S), and Nonprofits (Form 990)
- January 15, 2025 – 4th Quarter 2024 estimated tax payment due
- Early 2025 – 2024 Tax season begins
- January 31, 2025 – Employers send W-2s forms to employees and send 1099 forms
- March 17, 2025 – Taxes are due for some business types (partnerships, multi-member LLCs, and S-Corporations). Businesses organized as partnerships, including multi-member LLCs, and S-Corporations need to file Form 1065, or 1120S by March 15, 2025, if they are a calendar year business. If your business uses a fiscal year, you need to file your tax return by the 15th day of the third month following the close of your tax year. For example, if your business uses an April 1 – March 31 tax year, your business tax return would be due June 15 instead of March 15.
- April 15, 2025 – Taxes for C-Corporations are due. Businesses organized as C-Corporations need to file form 1120 by April 15, 2025, if they are a calendar year business. If your business uses a fiscal year, you need to file your tax return by the 15th day of the third month following the close of your tax year. For example, if your business uses an April 1 – March 31 tax year, your business tax return would be due June 15 instead of in April.
- May 15, 2025 – Due date to file most nonprofit returns (Form 990). Most nonprofits have an extra month to submit their forms to the IRS. They will need to file a Form 990 by May 15.
- September 15, 2025 – Deadline for extended partnership and S-corporation returns
- October 15, 2025 – Deadline for extended C-corporation returns
- November 17, 2025 – Deadline for extended nonprofit returns.
Contact Neely’s Accounting Services for Expert Tax Support in Roanoke
Whether you relish taxes or feel a bit nervous, having a trustworthy expert on your side can makes all the difference between complicated and stress-free. Neely’s Accounting Services has provided expert tax preparation and accounting in Roanoke, VA since 2007.
Our friendly, dedicated advisors are always ready to help you with personalized solutions that meet your needs. Let us take the stress out of running your business and filing income taxes. Contact us or visit today.