Filing Deadlines - Cole & Waxman Tax Services https://colewaxman.com/category/filing-deadlines/ Cole & Waxman Tax Services Mon, 19 Oct 2026 11:00:58 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://colewaxman.com/wp-content/uploads/2021/02/cropped-5-1-e1613045617871-1-32x32.png Filing Deadlines - Cole & Waxman Tax Services https://colewaxman.com/category/filing-deadlines/ 32 32 Israel Disaster Relief: IRS Postponements for Taxpayers Affected by the October 7 Attacks https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks/ https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks/#respond Tue, 20 Oct 2026 07:30:00 +0000 https://colewaxman.com/?p=4083 Oct 17, 2026 · @yitz waxman If you live in Israel, most US federal tax deadlines that fell on or after October 7, 2023 are now postponed to September 30, 2027. On September 30, 2026 the IRS issued Notice 2026-63, the fourth notice in a row granting this relief. Here is what the relief does, […]

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]]> Oct 17, 2026 · @yitz waxman

If you live in Israel, most US federal tax deadlines that fell on or after October 7, 2023 are now postponed to September 30, 2027. On September 30, 2026 the IRS issued Notice 2026-63, the fourth notice in a row granting this relief. Here is what the relief does, who qualifies, what it leaves out, and where the rules are still unclear.

Background

The relief rests on Internal Revenue Code §7508A, which lets Treasury postpone tax deadlines by up to one year for taxpayers affected by a federally declared disaster or by a "terroristic or military action" under §692(c)(2). Before issuing relief for an event abroad, Treasury confirms with the State and Justice Departments that the activity was directed against the United States or an ally (Rev. Proc. 2004-26).

Because each grant is capped at one year, the IRS cannot simply extend the original notice. Instead, every September it makes a new terroristic-action determination for the prior two years and issues a fresh notice. Each new notice starts its window on the day the previous one ends, so postponed deadlines roll forward without a gap for anyone who stays eligible.

Summary of the notices

Taken together, the four notices postpone deadlines falling between October 7, 2023 and September 30, 2027.

NoticeIssuedCovers acts duePostponed to
2026-63Sep 30, 2026Sep 30, 2026 – Sep 29, 2027Sep 30, 2027
2025-53Sep 30, 2025Sep 30, 2025 – Sep 29, 2026Sep 30, 2026
2024-72Oct 1, 2024Sep 30, 2024 – Sep 29, 2025Sep 30, 2025
2023-71Oct 13, 2023Oct 7, 2023 – Oct 6, 2024Oct 7, 2024

Each later notice also carries forward anything still postponed under the earlier ones, but only for taxpayers who are eligible under both. For example, Notice 2026-63 states that a taxpayer eligible under 2025-53 but not under 2026-63 had until September 30, 2026.

Who is covered

You qualify if you fall into any of these groups listed in Notice 2026-63 (the earlier notices use the same list). The "covered area" is Israel, the West Bank and Gaza.

  • Residents and local businesses. Any individual whose principal residence, or any business or sole proprietor whose principal place of business, is in the covered area.
  • Taxpayers whose preparer or records are in Israel. Any individual, business, estate or trust whose tax return preparer, or whose records needed to meet the deadline, are in the covered area. This can include a US resident who uses an Israeli tax firm.
  • Relief workers affiliated with a recognized government or philanthropic organization and assisting in the covered area.
  • Spouses of an affected taxpayer, for purposes of a joint return only.
  • Visitors to the covered area who were killed, injured or taken hostage.

If the IRS already has an Israeli address on file for you, relief is applied automatically. Everyone else, including US residents relying on an Israeli preparer, should call the IRS disaster hotline at (866) 562-5227, or (267) 941-1000 from outside the US, to request relief.

What is covered

The relief postpones three things: filing, paying, and the penalties and interest that would normally follow a late filing or payment.

  • Filing. Income, estate, gift, employment and most excise tax returns due in the window. Under Notice 2026-63 that includes 2025 individual returns on extension (normally October 15, 2026) and 2026 returns (normally April 15, 2027).
  • Payments. Balances due with those returns and estimated tax installments, including the January 15, April 15, June 15 and September 15, 2027 estimates.
  • Penalties and interest. Under §7508A(a), the postponement period is disregarded when calculating interest, penalties and additions to tax. If you receive a late-filing or late-payment penalty notice for this period, call the number on the notice to have it abated.
  • Other time-sensitive acts. Filing a Tax Court petition, filing a claim for refund, bringing a refund suit, and making qualified retirement plan contributions (see Treas. Reg. §301.7508A-1(c)(1) and Rev. Proc. 2018-58).

The IRS gets the same extra time on its side. Deadlines for assessing tax, issuing notices and demands, and collecting are also postponed for affected taxpayers.

A postponement is not the same as an extension. Notice 2026-63 says that if you need more time beyond September 30, 2027, you should check the extension rules for your specific return.

What is not covered

Anything due before October 7, 2023. The relief only reaches deadlines that fell on or after October 7, 2023. The IRS made this explicit in 2023: a 2022 return on extension (due October 16, 2023) could be filed late under the relief, but the 2022 tax itself was due April 18, 2023, so late payment of that tax was not covered. Interest and penalties on older balances continue to run as usual.

State taxes. The notices are federal only. Each state decides for itself whether to follow IRS disaster relief, so former US residents who still have a state filing obligation should check that state's rules separately.

FBARs, unless FinCEN says so. The FBAR is a Treasury (FinCEN) filing, not an IRS tax return, so §7508A does not cover it. FinCEN has issued parallel relief in the past, for example FIN-2024-NTC5 gave until September 30, 2025 for 2023 FBARs, but each year's FBAR relief should be confirmed directly with FinCEN.

Grey areas

Two questions come up often in our practice where the notices do not give a clear answer. Treat what follows as open issues, not settled law.

Statute of limitations on refunds

Filing a refund claim is a listed postponed act, and §7508A(a)(3) lets the postponement period be disregarded in determining the amount of a credit or refund. So a refund claim whose three-year deadline under §6511 fell in the window should still be timely if filed by September 30, 2027.

The harder question is the amount. Section 6511(b) limits a refund to tax paid within a "lookback" period before the claim, and withholding and estimated payments are treated as paid on the original due date. It is not settled how far four stacked notices, each a separate one-year grant, stretch that lookback. Taxpayers with old unfiled refund years should not wait until the last day, and should file as early as possible to reduce the risk.

Issuance dates of SSNs

Several credits require a Social Security number issued by the due date of the return. For example, §24(h)(7) requires this for a child to qualify for the child tax credit. Many families in Israel obtain SSNs for their children late, and file returns during the postponement period.

The open question is whether "due date" means the original statutory date or the postponed date. Notice 2026-63 itself says a postponement is not an extension of time to file, which cuts against reading the postponed date as the due date. We are not aware of published IRS guidance resolving this.

A case from our practice. One of our clients lives in Israel and had a child born in 2022. The child's SSN was issued in November 2023, after the extended due date for 2022 returns (October 16, 2023). She claimed the child and the child tax credit on an amended 2022 return. The IRS rejected the claim, citing the SSN timing rule. We appealed, arguing that the disaster-relief postponement moved the 2022 due date, so the SSN was issued in time. Appeals agreed and allowed the credit.

The outcome was favorable, but it took years. The amended return was filed in April 2024, rejected in March 2025, and resolved only after a reconsideration request and a formal Appeals protest. One Appeals result is also not precedent, and another taxpayer could get a different answer. Families should still apply for SSNs as early as possible rather than rely on the postponement.

What this means for you

Unless the IRS issues a fifth notice, everything postponed since October 7, 2023 must be filed and paid by September 30, 2027. That includes 2023, 2024, 2025 and 2026 returns that have not yet been filed.

  • Don't let three years of returns pile up into one deadline. Filing early costs nothing and avoids a crunch.
  • If you moved out of Israel, check whether you are still eligible under the latest notice. Relief only carries forward for taxpayers eligible under each notice in the chain.
  • If you live in the US (or anywhere outside of Israel) but your preparer or records are in Israel, call the IRS hotline to have relief applied to your account. IRS disaster hotline is (866) 562-5227, open 8AM central time.
  • If you are owed a refund for an older year, or need an SSN for a child, act now rather than rely on the postponement.

Cole & Waxman Tax Services works with US taxpayers in Israel on returns, FBARs and IRS correspondence. If you are unsure how the relief applies to you, contact us.

Sources

Disclaimer

This article is provided for general educational and informational purposes only and does not constitute tax, legal, investment, or financial advice. Reading this article or communicating with Cole & Waxman Tax Services does not create a client relationship.

The investment platforms, financial institutions, and products referenced in this article are mentioned for illustrative purposes only and do not constitute endorsements or recommendations. Availability, eligibility, and suitability vary by individual circumstances and jurisdiction.

Before making any investment or financial decisions, you should consult with your own qualified tax advisor, financial planner, or other professional who is familiar with your specific situation.

The post Israel Disaster Relief: IRS Postponements for Taxpayers Affected by the October 7 Attacks appeared first on Cole & Waxman Tax Services.

]]> https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks/feed/ 0 Israel Disaster Relief: IRS Postponements for Taxpayers Affected by the October 7 Attacks https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks-2/ https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks-2/#respond Mon, 19 Oct 2026 10:55:35 +0000 https://colewaxman.com/?p=4091 Oct 17, 2026 · @yitz waxmanIf you live in Israel, most US federal tax deadlines that fell on or after October 7, 2023 may be postponed to September 30, 2027. On September 30, 2026 the IRS issued Notice 2026-63, the fourth notice in a row granting this relief. Here is what the relief does, who […]

The post Israel Disaster Relief: IRS Postponements for Taxpayers Affected by the October 7 Attacks appeared first on Cole & Waxman Tax Services.

]]> Oct 17, 2026 · @yitz waxman
If you live in Israel, most US federal tax deadlines that fell on or after October 7, 2023 may be postponed to September 30, 2027. On September 30, 2026 the IRS issued Notice 2026-63, the fourth notice in a row granting this relief. Here is what the relief does, who qualifies, what it leaves out, and where the rules are still unclear.

Background

The relief rests on Internal Revenue Code §7508A, which lets Treasury postpone tax deadlines by up to one year for taxpayers affected by a federally declared disaster or by a "terroristic or military action" under §692(c)(2). Before issuing relief for an event abroad, Treasury confirms with the State and Justice Departments that the activity was directed against the United States or an ally (Rev. Proc. 2004-26).

Because each grant is capped at one year, the IRS cannot simply extend the original notice. Instead, every September it makes a new terroristic-action determination for the prior two years and issues a fresh notice. Each new notice starts its window on the day the previous one ends, so postponed deadlines roll forward without a gap for anyone who stays eligible.

Summary of the notices

Taken together, the four notices postpone deadlines falling between October 7, 2023 and September 30, 2027.

NoticeIssuedCovers acts duePostponed to
2026-63Sep 30, 2026Sep 30, 2026 – Sep 29, 2027Sep 30, 2027
2025-53Sep 30, 2025Sep 30, 2025 – Sep 29, 2026Sep 30, 2026
2024-72Oct 1, 2024Sep 30, 2024 – Sep 29, 2025Sep 30, 2025
2023-71Oct 13, 2023Oct 7, 2023 – Oct 6, 2024Oct 7, 2024

Each later notice also carries forward anything still postponed under the earlier ones, but only for taxpayers who are eligible under both. For example, Notice 2026-63 states that a taxpayer eligible under 2025-53 but not under 2026-63 had until September 30, 2026.

Who is covered

You qualify if you fall into any of these groups listed in Notice 2026-63 (the earlier notices use the same list). The "covered area" is Israel, the West Bank and Gaza.

  • Residents and local businesses. Any individual whose principal residence, or any business or sole proprietor whose principal place of business, is in the covered area.
  • Taxpayers whose preparer or records are in Israel. Any individual, business, estate or trust whose tax return preparer, or whose records needed to meet the deadline, are in the covered area. This can include a US resident who uses an Israeli tax firm.
  • Relief workers affiliated with a recognized government or philanthropic organization and assisting in the covered area.
  • Spouses of an affected taxpayer, for purposes of a joint return only.
  • Visitors to the covered area who were killed, injured or taken hostage.

If the IRS already has an Israeli address on file for you, relief is applied automatically. Everyone else, including US residents relying on an Israeli preparer, should call the IRS disaster hotline at (866) 562-5227, or (267) 941-1000 from outside the US, to request relief.

What is covered

The relief postpones three things: filing, paying, and the penalties and interest that would normally follow a late filing or payment.

  • Filing. Income, estate, gift, employment and most excise tax returns due in the window. Under Notice 2026-63 that includes 2025 individual returns on extension (normally October 15, 2026) and 2026 returns (normally April 15, 2027).
  • Payments. Balances due with those returns and estimated tax installments, including the January 15, April 15, June 15 and September 15, 2027 estimates.
  • Penalties and interest. Under §7508A(a), the postponement period is disregarded when calculating interest, penalties and additions to tax. If you receive a late-filing or late-payment penalty notice for this period, call the number on the notice to have it abated.
  • Other time-sensitive acts. Filing a Tax Court petition, filing a claim for refund, bringing a refund suit, and making qualified retirement plan contributions (see Treas. Reg. §301.7508A-1(c)(1) and Rev. Proc. 2018-58).

The IRS gets the same extra time on its side. Deadlines for assessing tax, issuing notices and demands, and collecting are also postponed for affected taxpayers.

A postponement is not the same as an extension. Notice 2026-63 says that if you need more time beyond September 30, 2027, you should check the extension rules for your specific return.

What is not covered

Anything due before October 7, 2023. The relief only reaches deadlines that fell on or after October 7, 2023. The IRS made this explicit in 2023: a 2022 return on extension (due October 16, 2023) could be filed late under the relief, but the 2022 tax itself was due April 18, 2023, so late payment of that tax was not covered. Interest and penalties on older balances continue to run as usual.

State taxes. The notices are federal only. Each state decides for itself whether to follow IRS disaster relief, so former US residents who still have a state filing obligation should check that state's rules separately.

FBARs, unless FinCEN says so. The FBAR is a Treasury (FinCEN) filing, not an IRS tax return, so §7508A does not cover it. FinCEN has issued parallel relief in the past, for example FIN-2024-NTC5 gave until September 30, 2025 for 2023 FBARs, but each year's FBAR relief should be confirmed directly with FinCEN.

Grey areas

Two questions come up often in our practice where the notices do not give a clear answer. Treat what follows as open issues, not settled law.

Statute of limitations on refunds

Filing a refund claim is a listed postponed act, and §7508A(a)(3) lets the postponement period be disregarded in determining the amount of a credit or refund. So a refund claim whose three-year deadline under §6511 fell in the window should still be timely if filed by September 30, 2027.

The harder question is the amount. Section 6511(b) limits a refund to tax paid within a "lookback" period before the claim, and withholding and estimated payments are treated as paid on the original due date. It is not settled how far four stacked notices, each a separate one-year grant, stretch that lookback. Taxpayers with old unfiled refund years should not wait until the last day, and should file as early as possible to reduce the risk.

Issuance dates of SSNs

Several credits require a Social Security number issued by the due date of the return. For example, §24(h)(7) requires this for a child to qualify for the child tax credit. Many families in Israel obtain SSNs for their children late, and file returns during the postponement period.

The open question is whether "due date" means the original statutory date or the postponed date. Notice 2026-63 itself says a postponement is not an extension of time to file, which cuts against reading the postponed date as the due date. We are not aware of published IRS guidance resolving this.

A case from our practice. One of our clients lives in Israel and had a child born in 2022. The child's SSN was issued in November 2023, after the extended due date for 2022 returns (October 16, 2023). She claimed the child and the child tax credit on an amended 2022 return. The IRS rejected the claim, citing the SSN timing rule. We appealed, arguing that the disaster-relief postponement moved the 2022 due date, so the SSN was issued in time. Appeals agreed and allowed the credit.

The outcome was favorable, but it took years. The amended return was filed in April 2024, rejected in March 2025, and resolved only after a reconsideration request and a formal Appeals protest. One Appeals result is also not precedent, and another taxpayer could get a different answer. Families should still apply for SSNs as early as possible rather than rely on the postponement.

What this means for you

Unless the IRS issues a fifth notice, everything postponed since October 7, 2023 must be filed and paid by September 30, 2027. That includes 2023, 2024, 2025 and 2026 returns that have not yet been filed.

  • Don't let three years of returns pile up into one deadline. Filing early costs nothing and avoids a crunch.
  • If you moved out of Israel, check whether you are still eligible under the latest notice. Relief only carries forward for taxpayers eligible under each notice in the chain.
  • If you live in the US (or anywhere outside of Israel) but your preparer or records are in Israel, call the IRS hotline to have relief applied to your account.  IRS disaster hotline is (866) 562-5227, open 8AM central time.  
  • If you are owed a refund for an older year, or need an SSN for a child, act now rather than rely on the postponement.

Cole & Waxman Tax Services works with US taxpayers in Israel on returns, FBARs and IRS correspondence. If you are unsure how the relief applies to you, contact us.

Sources

Disclaimer

This article is provided for general educational and informational purposes only and does not constitute tax, legal, investment, or financial advice. Reading this article or communicating with Cole & Waxman Tax Services does not create a client relationship.

The post Israel Disaster Relief: IRS Postponements for Taxpayers Affected by the October 7 Attacks appeared first on Cole & Waxman Tax Services.

]]> https://colewaxman.com/israel-disaster-relief-irs-postponements-for-taxpayers-affected-by-the-october-7-attacks-2/feed/ 0 2023 Tax Filing Deadlines: A Comprehensive Guide https://colewaxman.com/2023-tax-filing-deadlines-a-comprehensive-guide/ https://colewaxman.com/2023-tax-filing-deadlines-a-comprehensive-guide/#respond Sun, 03 Mar 2024 09:15:28 +0000 https://colewaxman.com/?p=2503 The post 2023 Tax Filing Deadlines: A Comprehensive Guide appeared first on Cole & Waxman Tax Services.

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Tax season is upon us, and it's essential to stay informed about key deadlines to ensure timely filing and compliance with IRS regulations. Whether you're an individual taxpayer, a business owner, or a tax professional, understanding the various filing deadlines is crucial for effective tax planning and preparation. Here's a comprehensive guide to all tax deadlines for the 2023 tax season, including extensions:

Tax Filing Type Original Deadline Extension Deadline
Individual Tax Returns April 15, 2024 October 15, 2024
Partnership Tax Returns March 15, 2024 September 16, 2024
Corporation Tax Returns April 15, 2024 October 15, 2024
Trust and Estate Returns April 15, 2024 October 15, 2024
Foreign Bank Account Reports April 15, 2024 October 15, 2024
Individuals Outside the U.S. June 17, 2024 October 15, 2024

 

Foreign Bank Account Reports (FBAR): Taxpayers with foreign financial accounts exceeding certain thresholds are required to file an FBAR (FinCEN Form 114) by April 15, 2024. The extended deadline is October 15, 2024 and is automatic, so no need to stress over the earlier deadline.

It's important to note that while extensions provide additional time to file tax returns, they do not extend the deadline for paying any taxes owed. Taxpayers should estimate their tax liability and pay any outstanding taxes by the original filing deadline to avoid penalties and interest.

Stay organized and informed about these deadlines to ensure compliance with IRS regulations and avoid potential penalties. If you have any questions or need assistance with tax planning and preparation, don't hesitate to reach out to a qualified tax professional.

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]]> https://colewaxman.com/2023-tax-filing-deadlines-a-comprehensive-guide/feed/ 0 2023 Tax Filing Deadlines https://colewaxman.com/2023-tax-deadlines/ https://colewaxman.com/2023-tax-deadlines/#respond Tue, 21 Feb 2023 10:39:18 +0000 https://colewaxman.com/?p=2399 The post 2023 Tax Filing Deadlines appeared first on Cole & Waxman Tax Services.

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As we enter a new year, it’s important to keep track of important tax deadlines to ensure compliance and avoid penalties. Please remember that you need to provide all of the information required to prepare your tax return and FBAR 45 days in advance of any filing deadline.

Here are the key U.S. tax deadlines for 2022 for personal, partnership, and corporate tax returns:

Personal Tax Deadlines:

April 18, 2023 - This is the deadline for individual tax returns for the 2022 tax year. If you need more time to file, you can request an extension until October 16, 2023, but be aware that any taxes owed are still due by April 18, 2023.

June 15, 2023 - If you need more time to file, you can request an extension until October 15, 2023.

Partnership Tax Deadlines:

March 15, 2023 - This is the deadline for partnerships to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until September 15, 2023.

Corporate Tax Deadlines:

March 15, 2023 - This is the deadline for S corporations to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until September 15, 2023.

April 18, 2023 - This is the deadline for C corporations to file their tax returns for the 2022 tax year. If you need more time to file, you can request an extension until October 16, 2023.

Additionally, it’s important to note that quarterly estimated tax payments for tax year 2023 are due on the dates listed below.  Note that the tax filing deadlines do NOT extend the deadlines for paying taxes.  To minimize penalties and interest, make conservative estimated tax payments prior to the non-extended filing deadlines.

  • April 18, 2023
  • June 15, 2023
  • September 15, 2023
  • January 16, 2024

It’s essential to stay on top of tax deadlines to avoid penalties and interest charges. Make sure you have all your documentation in order, and if you need additional time, be sure to request an extension in advance. As always, it’s recommended to consult with a tax professional to ensure compliance and optimize your tax strategy.

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]]> https://colewaxman.com/2023-tax-deadlines/feed/ 0 More Covid Tax Relief: IRS Announces penalty relief for 2019 and 2020 tax returns https://colewaxman.com/more-covid-tax-relief-irs-announces-penalty-relief-for-2019-and-2020-tax-returns/ https://colewaxman.com/more-covid-tax-relief-irs-announces-penalty-relief-for-2019-and-2020-tax-returns/#respond Tue, 30 Aug 2022 11:52:26 +0000 https://colewaxman.com/?p=2363 The post More Covid Tax Relief: IRS Announces penalty relief for 2019 and 2020 tax returns appeared first on Cole & Waxman Tax Services.

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On 24-August-2022, the IRS announced they will provide penalty relief to most people and businesses who file late 2019 or 2020 returns. Additionally, the IRS said taxpayers who already paid these penalties will automatically receive a refund by the end of September. The IRS expects nearly 1.6 million taxpayers will receive more than $1.2 billion in refunds.

To qualify for this penalty relief, any eligible income tax return must be filed on or before 30-September 2022. We urge any clients that have not yet filed 2019 or 2020 returns – particularly if they expect tax due – to contact us immediately and we will try to submit in time.

The main purpose of the relief is to help struggling taxpayers affected by COVID-19. However, it is also designed to help the IRS focus its resources on processing backlogged tax returns and improve taxpayer correspondence. With the expanded budget going forward, we are hopeful the IRS will improve the timing of processing tax returns as well as respond more efficiently in communications. Many of our clients have felt the pain over the past two years in slow IRS response time and this will hopefully improve in the future.

The relief applies specifically to the failure to file penalty (interest, failure to pay, etc will still apply). The failure to file penalty is typically 5% per month (up to 25%) of the unpaid tax when a federal income tax return is filed late. For example, if you owe $5,000 the penalty is $250 per month up to a maximum of $1,250.

The Federal income tax returns include most Personal (Form 1040) and Corporations (Form 1120). Additionally, Form 1041, 1065, 1066, 990-T and 990-PF.

The IRS also announced additional relief for filers of various foreign informational returns, such as transactions with foreign trusts, receipt of foreign gifts, and ownership in foreign corporations. This includes Forms 5471, 5472, 3520, and 3520-A.

In cases where the relief of penalties results in a refund, the balance will first be applied to any outstanding liabilities for the taxpayer. Any remaining refund will be paid by check and mailed to taxpayers’ current address in the IRS system. There is not an option for direct deposit.

Bottom Line: Most taxpayers do not need to do anything. If you already filed the 2019 and 2020 tax returns, the IRS will automatically remove the failure to file penalties where applicable. However, for anyone that has not yet submitted a 2019 or 2020 tax return and expect tax due, it is very important they submit return by 30-September-2022.

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]]> https://colewaxman.com/more-covid-tax-relief-irs-announces-penalty-relief-for-2019-and-2020-tax-returns/feed/ 0 The 2022 Tax Calendar https://colewaxman.com/the-2022-tax-calendar/ https://colewaxman.com/the-2022-tax-calendar/#respond Sun, 09 Jan 2022 19:23:42 +0000 https://colewaxman.com/?p=2265 The 2022 tax calendar for specific IRS due dates for filing your U.S. tax forms and paying your taxes. Different due dates apply to individuals and corporations.

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January 2022 Tax Due Dates

January 3 - Self-Employed Individuals Pay Half of Deferred 2020 Social Security Taxes

January 18 - Estimated Tax Payment for 4th Quarter of 2021 (Form 1040-ES)

April 2022 Tax Due Dates

April 1 - First Required Minimum Distribution (RMD) by Individuals Who Turned 72 in 2021

April 18:

    • File 2021 Tax Return (Form 1040) and Pay Tax Due (except for residents of Maine and Massachusetts).  The extensions are applicable for tax filings only.  There is no extension on tax payments.
    • File Form 4868 to Request 6-Month Income Tax Return Filing Extension (payment of tax not extended)
    • Estimated Tax Payment for 1st Quarter of 2022 (Form 1040-ES)
    • Contribute to Individual Retirement Account (IRA) for 2021
    • Withdraw Excess IRA Contributions in 2021 to Avoid Penalty if Filing of Form 1040 Was Not Extended
    • Contribute to Health Savings Account (HSA) for 2021
    • Contribute to Solo 401(k) Plan or Simplified Employee Pension (SEP) Plan for 2021 by Self-Employed if Filing of Form 1040 Was Not Extended

June 2022 Tax Due Dates

June 15:

    • Estimated Tax Payment for 2nd Quarter of 2022 (Form 1040-ES)
    • U.S. Taxpayers Living and Working Abroad File 2021 Tax Return (Form 1040)
    • U.S. Taxpayers Living and Working Abroad File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended)
    • Military Personnel on Duty Outside the U.S. File 2021 Tax Return (Form 1040)
    • Military Personnel on Duty Outside the U.S. File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended)

September 2022 Tax Due Dates

September 15 - Estimated Tax Payment for 3rd Quarter of 2022 (Form 1040-ES)

October 2022 Tax Due Dates

October 17:

    • File Extended 2021 Tax Return (Form 1040) and Pay Tax Due
    • Apply for a second extension to December 15 if you live overseas and have not filed
    • Withdraw Excess IRA Contributions in 2021 to Avoid Penalty if Filing of Form 1040 Was Extended
    • Contribute to Solo 401(k) Plan or Simplified Employee Pension (SEP) Plan for 2021 by Self-Employed if Filing of Form 1040 Was Extended

December 2022 Tax Due Dates

December 12 - Contribution to Employer-Sponsored Retirement Plan for 2022 (401(k), 403(b), 457 or federal thrift savings plans)

December 15 - Second extended filing deadline for taxpayers living overseas.

December 31 - Required Minimum Distribution (RMD) by Individuals Who are 73 or Older at the End of 2022

The post The 2022 Tax Calendar appeared first on Cole & Waxman Tax Services.

]]> https://colewaxman.com/the-2022-tax-calendar/feed/ 0 Tax Filing Dates https://colewaxman.com/tax-filing-dates/ Wed, 20 Jan 2021 13:14:21 +0000 https://xpattaxservices.com/?p=1083 Important due dates for filing your 2020 tax return and payments Our policy is to file extensions for all active clients. If you generally owe tax, or expect to owe tax this year then take care to make your payments now.  Call us if you need clarification. 12-February-2021 Tax filings accepted by the IRS 28-March-2021 […]

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]]> Important due dates for filing your 2020 tax return and payments

Our policy is to file extensions for all active clients. If you generally owe tax, or expect to owe tax this year then take care to make your payments now.  Call us if you need clarification.

  • 12-February-2021 Tax filings accepted by the IRS
  • 28-March-2021 Passover starts; office open for emergencies during chol ha'mo'ed
  • 15-April-2021
    • Tax filing deadline for US residents 
    • 2021 1st quarter estimated payments due
    • Make final payments for 2020 (if necessary)
    • Make final contributions or take distributions from IRA's tax year 2020
    • Israel independence day (we're available for emergencies)
  • 15-June-2021
    • Tax filing deadline for overseas residents (including Israel)
    • 2021 2nd quarter estimated payments due
  • 15-September 2021 3rd quarter estimated payments due
  • 20-September Sukkot starts; office open for emergencies during chol ha'mo'ed
  • 15-October-2021
    • extended filing deadline for individuals (final for US residents)
    • *FBAR filing deadline
  • 15-November-2021 (approximate) IRS closes eFile.  Paper filings only until approximately 01-February-2022.
  • 15-December-2021 2nd extended filing deadline for individuals living overseas (including Israel)
  • 15-January-2022 - 2021 4th quarter estimated payments due


* Technically speaking, the FBAR deadline is April 15, 2021. But if you miss that deadline, then it is automatically extended to October 15, 2021 so the latter date is the effective deadline for EVERYONE.

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