Consider a mid-year check-in! Review your budget vs. actual spending, and make adjustments as necessary. Reconcile your accounts, ensure estimated tax payments are accurate, and follow up on any outstanding bills and invoices.
Consider a mid-year refresh: Confirm that you have the correct phone number, email address, mailing address, and payment information throughout your important accounts.
With the end of the first quarter of the fiscal year, now is a good time to plan ahead. If you typically owe estimated quarterly tax payments, it's a good idea to set a portion of your income aside each pay period to put towards those future payments.
Tax Day (April 15th) is almost here! April 15th is the deadline for individuals to file their tax returns. It's also the deadline to make estimated tax payments for the first quarter of 2026, and to file an extension if you need more time to file your taxes!
Key Deadlines for 2025 Tax Preparation: April
4/15: Tax Day! Deadline for individuals, trusts, and corporations to file their tax returns. Also is the deadline to file for an extension. Estimated payments for the first quarter of 2026 are due as well.
Key Deadlines for 2025 Tax Preparation: February and March
2/2: Deadline for employers to provide W-2s and 1099s to recipients (Adjusted from Saturday, 1/31)
3/16: Deadline for Partnerships and S-Corporations to file their tax returns (Adjusted from Sunday, 3/15)
Key Deadlines for 2025 Tax Preparation: January
1/15: Final 2024 Estimated Payment Due
1/26: IRS begins to accept and process returns
1/31: Deadline for employers to send W-2s and 1099 to recipients (Observed next business day if on a weekend)
Closing out 2025:
Tie up loose ends from last year by reconciling all accounts-double check all bank statements, credit cards, and loans, pay outstanding invoices and bills. This will help to prepare for tax preparations plus pave the way for a solid financial start to the year!
Ensure That You're Ready to File: A short list of essentials- Pay your 4th-quarter estimated taxes (01/15/26 is the deadline!) Ensure that your contact information and payment methods are up-to-date. Gather your tax documents: W-2s, 1099s, and all others necessary.