February 26 is our last day to submit your information to guarantee we can file by April 15".

The deadline for filing individual federal tax returns (Form 1040) is April 15 each year. If the date falls on a weekend or holiday, the deadline moves to the next business day.
If you need more time, we can file an extension for you, which extends the filing deadline to October 15.
Important: An extension does not extend the deadline to pay any taxes owed. Payments are still due April 15 to avoid penalties.

Deadlines vary by business entity type (assuming a calendar year taxpayer):

S-Corporations (Form 1120-S): Due March 15

Partnerships (Form 1065): Due March 15

C-Corporations (Form 1120): Due April 15
If you operate on a fiscal year, deadlines shift to the 15th day of the 3rd or 4th month after your year-end. Extensions are available but do not extend the time to pay.

We use a secure encrypted client portal hosted on TaxDome. To access it, visit: https://thedelraycpa.taxdome.com
1. Click “Sign Up” or follow the invitation link we emailed you.

2. Create your login credentials and enable two-factor authentication.

3. From your dashboard, you can upload documents, e-sign engagement letters, complete questionnaires, and message us securely.
If you need assistance, please contact our office and we’ll walk you through setup.

For individuals: W-2s, 1099s, 1098 mortgage interest statements, investment statements, business or rental records, charitable donations, and personal information (Driver’s License, dependents’ details).
For businesses: Income records, expense categories, payroll reports, depreciation schedules, and year-end financial statements. We will send you a secure checklist to ensure nothing is missed.

A Schedule K-1 is used by S-Corporations, Partnerships, and LLCs taxed as partnerships to report each owner’s share of income, deductions, and credits. If you receive a K-1, this information must be included in your personal return.

Certain business entities like S-Corporations and Partnerships do not pay income tax at the entity level. Instead, profits (or losses) are “passed through” to the owners’ personal tax returns. This allows income to be taxed once, instead of twice as with some C-Corporations..

A deduction reduces your taxable income (e.g., business expenses, mortgage interest).

A tax credit reduces the actual tax you owe (e.g., Child Tax Credit, Energy Credits).
Credits typically provide a greater benefit because they directly lower your tax bill.

You may need to pay quarterly taxes if you are self-employed, have rental properties, earn investment income, or are a business owner.
Estimated payments are due:

April 15

June 15

September 15

January 15 of the following year
We can help calculate the correct payment amounts to avoid underpayment penalties.

It is still important to file on time, even if you cannot pay in full. The IRS offers payment options such as:

- Installment plans

- Temporary delay of collection

- Penalty-abatement programs
Contact us early and we will help determine the best approach and negotiate on your behalf if needed.

Yes. We can file a personal extension (Form 4868) or business extension (Form 7004) on your behalf.
However, extensions give more time to file, not more time to pay. To avoid penalties, an estimated payment should be made with your extension if tax is expected to be owed. We will review your situation and calculate the recommended amount to submit.