July & August 2025 News & Notes

Hours and Appointments

  • After Tax Season Hours:
    Monday through Thursday: 9:00am - 4:00pm
    Friday: 9:00am - 2:00pm

  • Other hours available by appointment. Appointments available in person, by zoom or by phone.


Thank You for Your Referrals and Yelp Reviews!  

  • The winner for last month’s raffle has been selected and their gift card has been sent in the mail.

  • Please continue to leave your Yelp reviews for a chance to win the next raffle!
     

Other Services Available 

  • Bookkeeping and business advisory services

  • Preparation of other tax forms such as 1099s, Sales Taxes, Statement of Stock, Statement of Information and payroll taxes

  • Investment management & retirement planning services through Balancing Life Financial Planning.  Visit www.balancinglifefp.com for more details!

SEMINAR SERIES:

Answers to questions you’ve been wanting to ask

Please contact Angelique to reserve your seat. Guests are welcome. Availability is limited

OCTOBER 2, 2025 - Join us from 5-7pm for a Happy Hour discussion on retirement plans, including information on the new requirements for small businesses. We’ll also touch upon tax savings ideas under the new law for retirement plans and retirement income.

 

NOVEMBER 6, 2025 - BBB The Big Beautiful Bill. We have had so many questions and there so much misinformation. Join us for one of three sessions as we dive into the BBB and how and when it will affect you.

Session 1: 8-10am (continental breakfast)

Session 2: 12-2pm (light lunch)

Session 3: 5-7pm (Happy Hour!)

 

JANUARY 14, 2026 - Join us from 5-7pm for a discussion on intergenerational estate planning. Invite the family for a frank discussion on estate planning. The information we are providing will be important to you and your family. Now that the estate exemptions, which were to expire in 2026, have been made permanent it’s time to review and maybe update your estate plans.

Don’t Miss a Tax Payment!

Missing an estimated tax payment can result in non-deductible penalties. Make timely payments via IRS Direct Pay or EFTPS—secure and convenient methods to help you avoid the penalties.

  • Due dates. For tax year 2024, payment deadlines are April 15, June 17, and September 16, 2024, and January 15, 2025. For tax year 2025, payments are due April 15, June 16, and September 15, 2025, and January 15, 2026.

  • Avoid penalties. Pay at least 90 percent of your current year’s tax or 100 percent of last year’s tax—or 110 percent if prior-year adjusted gross income (AGI) exceeds $150,000.

  • Exceptions. Uneven income earners can use the annualized income method to align payments with earnings.

  • Catch-up payments. Catching up when you miss a payment stops the penalty from accruing further but does not achieve forgiveness for the previous penalty assessed.

2025-26 Calendar

2025

September

9/15

  • 2025 Estimate #3 Due to the IRS. No Estimated Payment Due to California
  • S Corporations and Partnerships on Extension Due

October

10/15

  • FINAL Due Date for all Individual and C Corporation Returns on Extension

December

12/31

  • 2025 Estimate #4 Due to the IRS




2026

January

1/17

  • Due Date for the 4th Quarter 2025 Estimated Payment

1/31

  • 4th Quarter 2025 Sales Tax Due
  • Year End Payroll Taxes Due
  • Quarterly Payroll Taxes Due
  • Forms 1096 and 1099 Due
  • Be Sure to Check for Any City Business Licenses and Statement of Stock Due Dates for 2026

March

3/15

  • S Corporations and Partnerships Due

April

4/17

  • Individual and C Corporation Tax Returns Due
  • Payment Due if an Extension is Filed
  • 2026 Estimate #1 for Federal and State Due
  • 2026 Estimate #1 to the FTB for S Corporation’s Due

4/30

  • Quarterly Sales Tax Reports Due

Post Tax Season Information

  1. Be sure to read your transmittal and take note of due dates and payment options.

  2. If on extension, S-Corps and Partnerships are due 9/15. Information needs to be provided by August 25th.

  3. If personal tax returns are on extension, the due date is 10/15. Information must be provided by September 25th.

  4. Copies of tax returns (PDF or Paper) are provided at the time of completion. Additional copies of tax returns will incur fees.

  5. Additional services will be billed throughout the year, rather than with the next year’s tax preparation.

  6. Fees are due upon completion unless other arrangements are made. Late fees will be charged for unpaid invoices.