IRS NEWS

• Here’s how taxpayers can check the status of their federal tax return - Read Here

• Penalty Relief Due to First-Time Penalty Abatement or Other Administrative Waiver - Read Here

• Understand how to report large cash transactions - Read Here

CORPORATIONS

• CORPORATIONS Tax Deadline is March 17, 2025, for the 2024 tax year.

• *** MANDATORY EXTENSION FILING REQUESTS - ARE REQUIRED BY EMAIL.

  It will not be automatically filed unless we receive a request in writing.

  Email: Christinastax1@yahoo.com or call the Office at 713-781-8291.

FRANCHISE

• Filing a FRANCHISE Tax Return Deadline is May 15, 2025, for the 2024 tax year.

• Franchise Tax Return is filed with the Corporate Tax Return.

• WEB FILE NUMBER #: [MANDATORY FOR TAX PREP]

  The State of Texas will assess a penalty for filing a Franchise Return without a Web File Number. Please provide a Web File Number in order to prepare a Texas State Franchise Return for Tax Year 2024.

  • Web File Contact Telephone#: 800-252-1381

• *** MANDATORY EXTENSION FILING REQUESTS - ARE REQUIRED BY EMAIL.

  It will not be automatically filed unless we receive a request in writing.

  Email: Christinastax1@yahoo.com or call the Office at 713-781-8291.

Individuals

• INDIVIDUAL Tax Deadline is April 15, 2025, for the 2024 tax year.

• *** MANDATORY EXTENSION FILING REQUESTS - ARE REQUIRED BY EMAIL.

  It will not be automatically filed unless we receive a request in writing.

  Email: Christinastax1@yahoo.com or call the Office at 713-781-8291.

Tax Changes

• 2024 TAX RETURNS HAS BEEN EXTENDED TO JANUARY

USEFUL LINKS

• U.S. Small Business Administration (Loan Request) - See IRS.gov here