Tax Day

Today is April 15th … Tax Day!

Note: The April 15th tax deadline generally applies to individuals and certain businesses including sole proprietors, single-member LLCs (SMLLCs) with default tax treatment, and C-Corps. For businesses including multi-member LLCs (ex: LLCs taxed as a Partnership or sub-chapter S) and S-Corps, tax returns for 2025 were due by March 16th (usually March 15th) unless you filed for any extension.

If you’ve already filed your tax returns and you’re expecting a refund, you’re probably waiting in anticipation for that check or direct deposit to come in … well, unless you’ve already spent it … which isn’t a good financial practice (that is, spending what you don’t actually have) but that’s a conversation for another day.

If you’re a procrastinator and still haven’t filed your tax returns, it might be a good idea to get started (like right now) or at least file for an extension (if you’re unable to file on time).

Keep in mind that filing for an extension only extends the time you have to file your returns. It does not extend the due date for payment of any taxes owed (you must still pay any taxes owed by April 15th).

If you anticipate filing your tax returns on time (that is, today), filing electronically (e-filing) is probably your best route (and the preferred filing method) which can usually be done with tax software or by a tax professional (but you may not be able to get an appointment with a tax professional at the last minute).

Don’t wait until end of day to e-file as any number of technical issues could rear their heads and cause unexpected filing delays and result in unexpected penalties.

If you must file by US mail, keep in mind the following:

USPS changed their postmark rules last December. Postmarks previously reflected the date mail was dropped in postal mailboxes or at the post office; however, postmarks now reflect the date mail is processed by the USPS facility.

Mail dropped into a postal mailbox or at a local post office today (April 15th) may not be processed until tomorrow (April 16th) or later and will show a postmark date of April 16th (or the applicable processing date).

Your tax return, which previously would’ve been considered filed on time may now be considered late and you may be subject to applicable penalties.