Theresa Arndt, CPA

When Are 2022 Taxes Due? A better question might be: When aren't 2022 taxes due? Depending on your specific situation many deadlines may apply.  It would be helpful to mark these dates on your calendar. Important Tax Deadlines and Dates The IRS has set the following deadlines for the upcoming tax season:  January 23, 2023 – IRS begins accepting turns  January 17, 2023 – Fourth quarter estimated payments due for tax year 2022  February 1, 2023 – Employers must mail W-2 forms  April 18, 2023 – Tax Day/federal returns and payments due, final day for 401k contributions and extensions October 16, 2023 – Late filing deadline   Below, you’ll find more important tax dates for 2023. This does not even scratch the surface of all tax deadlines, but we are keeping the list brief here with what applies to most of our clients.  If you want all the tax deadlines go straight to the horses mouth and get them from the IRS, this...

Thank goodness 2022 is behind us; I'm looking forward to a better 2023!  Once tax season is out of the way it should be onward and upward...but first we have to survive it.  This is a relatively quiet year for income tax changes and after a few years of upheaval we are certainly grateful for that. Even so, a few substantial bits of legislation were passed this year which could affect you.  In particular, the Inflation Reduction Act and the SECURE Act.  We’ll dig into all those changes, plus a few more.  First, let’s kick things off with the important dates you need to know for the 2023 tax season.   You can see the expanded list of 2023 tax dates here , but here are the dates individual taxpayers need to know... Tuesday, April 18, 2023 , is the deadline for individual tax returns. Monday, October 16, 2023 , is the deadline if you request an  extension . Now that we know when , let's dive into what ... The Inflation Reduction Act It remai...