Per the IRS website (link below): "Under the federal Protecting Americans from Tax Hikes (PATH) Act, the IRS cannot issue Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) refunds before mid-February. Where's My Refund?  should show an updated status by February 22 for most early EITC/ACTC filers. The IRS expects most EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards by March 3 if they chose direct deposit and there are no other issues with their tax return." https://www.irs.gov/newsroom/2025-tax-filing-season-starts-as-irs-begins-accepting-tax-returns-today-taxpayers-have-many-options-for-help

The IRS has announced that a 2024 tax return filed prior to February 2, 2025 will reject if it includes any of the following forms:   Form 3468 - Investment Credit Form 3800 - General Business Credit Form 7207 - Advanced Manufacturing Production Credit Form 7210 - Clean Hydrogen Production Credit Form 8835 - Renewable Electricity Production Credit Form 8933 - Carbon Oxide Sequestration Credit Form 8936 Schedule A - Clean Vehicle Credit Amount Wait until February 2, 2025 to transmit a 2024 tax return that includes any of the above forms to avoid this reject,

Special news from National Association of Tax Professionals (NATP) Yesterday, the U.S. Supreme Court issued an order reviving the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. This decision reverses the 5th Circuit Court of Appeals' Dec. 26 stay that paused enforcement of the BOI reporting mandate. Previously, reporting entities established before 2024 were required to submit their initial BOI report to the Financial Crimes Enforcement Network (FinCEN) by Jan. 13, 2024. However, the timeline for compliance remains uncertain, as FinCEN has not yet responded to the Supreme Court's order. The Supreme Court's decision allows enforcement of the CTA to proceed until the 5th Circuit rules on its constitutionality. The CTA will remain in effect while the Supreme Court considers any future appeals related to the case. courtesy of natptax.com

January 12: IRS Free File Opens January 16: Due date for 4Q2023 estimated tax payments January 26: Earned Income Tax Credit Awareness Day January 29: Filing season start date for individual tax returns April 15: Due date of filing a tax return or to request an extension for most of the nation. April 15: Due date for 1Q2024 estimated tax payments October 15: Due date for extension filers Business Due Dates Partnership return is generally due by the 15th day of the third month following the end of the tax year. Corporate return is generally due by the 15th day of the fourth month following the end of the corporation's tax year. January 31: Deadline for furnishing recipient copies of 2023 Forms 1099-NEC February 17: Deadline for furnishing recipients copies of 2023 Forms 1099-B, and 1099-S, and 1099-MISC (if amounts are reported in boxes 8 or 10) January 21: Sales and Use Tax for period ending December 31, 2024 April 21: Sales and use Tax for period ending March 31, 2025 January 31: IFTA for period ending December 31, 2024

What You Need to Know: Existing Companies (pre-2024): BOI filings are now due by January 13, 2025. Newer Companies (Sept 4–Dec 23, 2024): Filing deadlines extended by 21 days. Post-Jan 1, 2025 Companies: Filing required within 30 days of creation or registration.