7. Tax Deadlines, Extensions, and Penalties

Welcome to Questioning Your Cents where you can get real-world, pragmatic tax & financial advice for business owners, entrepreneurs and independent contractors.

We are your hosts, Kevin Molen and Charles Steinmetz. Our job is to help educate you on how to manage your money and save on taxes. In this episode, tax deadlines, penalties and extensions.

Important Points:

S Corp and Partnership tax deadlines March 15

Individual and Corporate tax deadlines April 15

Franchise deadline May 15

S Corp and Partnership tax extension deadline September 15

Individual and Corporate tax extension deadline October 15

Required Minimum Distribution deadline December 31

Estimated tax payments to be made on a quarterly basis

Consequences of missing deadlines

Late filing penalties

What does filing an extension mean

Benefits of being a timely tax filer

How to pay the IRS

How do installment agreements work?

What are the rules for claiming children after being divorced?

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Check out this episode!

The Molen & Associates Difference

Mike Forsyth

“Super helpful and timely. This is our first year with them and we look forward to trusting them with our taxes and business books for years to come.”

Caitlin Daulong

“Molen & Associates is amazing! They run an incredibly streamlined process, which makes filing taxes a breeze. So impressed with their attention to detail, organization, and swift execution every year. Cannot recommend them enough!”

Sy Sahrai

“I’ve been with Mr. Molen’s company for few years and I felt treated like family respect and dignity. They are caring, professional and honest, which hard to find these days. Love working with them.”

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Call us at

The Molen & Associates Difference

Mike Forsyth

Caitlin Daulong

Sy Sahrai

The Ultimate Guide to Streamlining Your Small Business Finances

Navigating Self-Employment Taxes with Molen & Associates

Maximizing Tax Benefits for Your Home Office

2024 Tax Updates

Mastering the 199A Deduction: Your Ultimate Guide

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Should You Be Making Quarterly Payments?

Request an Appointment Today

281-440-6279

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