Key Filing Deadlines for Businesses and Individuals
The October 15 extended filing deadline is quickly approaching for 2024 tax returns.
While Tri-Merit does not prepare or file tax returns, our team works closely with CPAs and businesses to ensure that valuable tax credits and incentives aren’t overlooked before filing.
Even with potential government shutdown discussions, filing and payment deadlines remain in effect.
Reminders
For business filers:
- C-Corporations on extension must file by October 15.
- S-Corporations and Partnerships should already have filed—late-filing penalties begin immediately after the deadline.
- Estimated payments for businesses may also be due.
For individual filers:
- Form 1040 returns on extension must be filed by October 15.
- Late-filing penalties and interest begin accruing after the deadline.
Why the Extended Filing Deadline Matters for Tax Credits and Incentives
This deadline serves as a key checkpoint to ensure that all available tax credits and incentives have been properly calculated and documented. Once a return is filed, missed opportunities can be harder to capture retroactively.
Year-End Tax Planning: Preparing for 2025 and Beyond
The next estimated tax payment deadline for individuals and C-Corporations is January 15, 2026. Now is the time to start preparing for year-end planning and identifying potential tax-saving opportunities for 2025.
Tri-Merit Insight: Your Partner in Specialty Tax Credits
Tri-Merit partners with CPAs and businesses to uncover and document credits, such as R&D, 179D, 45L, and renewable energy incentives, helping companies retain more of what they earn.
Our role begins where traditional tax preparation ends—delivering the specialized insights that drive real savings.
Learn more about how Tri-Merit can support your year-end planning.
