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TAX 
RESOURCES

We provide a summary of important IRS information with links to serve as a guide to our clients. 

Track Your Refund

You will Need:

  • Social Security number or ITIN

  • Your Filing Status

  • The exact amount of your refund

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When to call the IRS?

  • Most refunds are issued in less than 21 days; however there are instances where some require additional time and therefore you should only call under the following circumstances:

  • It's been 21 days or more since you e-filed

  • It's been 6 weeks or more since you paper mailed your return

  • Or, in instances when "Where's My Refund" instructs you to contact the IRS

Important Tax Due Dates

March 2025

  • March 15 | S Corporation income tax return due [Form 1120-S]

  • March 15 | S Corporation income tax return extension due [Form 7004]

  • March 15 | Partnership income tax return due [Form 1065]

  • March 15 | Partnership income tax return extension due [Form 7004]

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April 2025

  • April 15 | Individual income tax return due [Form 1040 and 1040NR]

  • April 15 | Individual income tax return extension due [Form 4868]

  • April 15 | Corporation income tax return due [Form 1120]

  • April 15 | Corporation income tax return extension due [Form 1040-ES

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September 2025

  • September 15 | S corporation income tax return extended [Form 1120S]

  • September 15 | Partnership income tax return extended due date [Form 1065]

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October 2025

  • October 15 |  Individual income tax return extended due date [Form 1040 and 1040NR

  • October 15 |  Corporation income tax return extended due date [Form 1120]

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2025 Estimated Tax Due Dates

  • 1st quarter payment - April 15, 2025 

  • 2nd quarter payment - June 16, 2025

  • 3rd quarter payment - September 15, 2025

  • 4th quarter payment - December 16, 2025, for C Corporations - or January 15, 2026, for individuals.

2025 Tax Rates

The 2025 Standard Deduction Amounts are as follows:

  • $15,000 Single Taxpayers and Married Filing Separately

  • $30,000 Married Jointly & Surviving Spouses

  • $22,500 Head of Household

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The 2025 Individual Taxpayers Tax Rates are as follows:

  • 10% for single individuals up to $11,925; for married individuals filing jointly up to $23,850; for heads of households up to $17,000

  • 12% for single individuals $11,925 to $48,475; for married individuals filing jointly $23,850 to $96,950; for heads of households $17,000 to $64,850

  • 22% for single individuals $48,475 to $103,350; for married individuals filing jointly $96,950 to $206,700; for heads of households $64,850 to $103,350

  • 24% for single individuals $103,350 to $197,300; for married individuals filing jointly $206,700 to $394,600; for heads of households $103,350 to $197,300

  • 32% for single individuals $197,300 to $250,525; for married individuals filing jointly $394,600 to $501,050; for heads of households $197,300 to $250,500 

  • 35% for single individuals $250,525 to $626,350; for married individuals filing jointly $501,150 to $751,600; for heads of households $250,500 to $626,350

  • 37% for single individuals $626,350 or more; for married individuals filing jointly $751,600 or more; for heads of households $626,350 or more

Social Security Tax Rates

Social Security

  • Social Security Maximum Taxable Earnings $176,100

  • Social Security Tax Rate: Employee 7.65%

  • Social Security Tax Rate: Self-Employed 15.30%​
     

Medicare:

  • Medicare Maximum Taxable Earnings Unlimited

  • Medicare Tax Rate: Employers 1.45%

  • Medicare Tax Rate: Employees 1.45%​

  • Social Security and Medicare Tax Rate: Self-Employed 15.30%

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Social Security & Medicare:

  • Social Security and Medicare Tax Rate: Self-Employed 15.30%

Keeping Your Records

The length of time you should keep a document depends on the action, expense, or event which the document records.

 

Below is a guide to help you keep the necessary documentation required by the IRS.

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  • Keep records for 3 years if situations (4), (5), and (6) below do not apply to you.

  • Keep records for 3 years from the date you filed your original return or 2 years from the date you paid the tax, whichever is later, if you file a claim for credit or refund after you file your return.

  • Keep records for 7 years if you file a claim for a loss from worthless securities or bad debt deduction.

  • Keep records for 6 years if you do not report income that you should report, and it is more than 25% of the gross income shown on your return.

  • Keep records indefinitely if you do not file a return.

  • Keep records indefinitely if you file a fraudulent return.

  • Keep employment tax records for at least 4 years after the date that the tax becomes due or is paid, whichever is later.

IRS Forms & Publications 

A list of IRS forms and publications have been added here with links for your convenience.

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Employment Forms:

  • Form W4 Employee’s Withholding Allowance Certificate - CLICK HERE

  • Form I-9 Employment Eligibility Verification - CLICK HERE

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Tax Payer Identification Number Forms:

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