Tax season 2025:
What you need to know

From bookkeeping to tax prep and filing, Bench has the resources you need to file your business taxes with confidence.

Need your taxes done right? Rely on our small business tax experts.

At Bench Accounting, our experts do your bookkeeping, income tax prep, and filing so you can save time and stress less. 

2025 tax deadlines

Mark your calendars: Here are the important dates you need to know for tax filing and getting an extension.

1099 forms

1099-NEC deadline: January 31, 2025
1099-MISC deadline: February 17, 2025

If your business hired a contractor and paid them over $600 in the last year, you are responsible for issuing them a 1099-NEC. The deadline is January 31.

If you made payments to nonemployees in the last year (payments of fees, benefits, commissions, prizes, and awards), a 1099-MISC is due on February 17.

Resources:
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S corporations

Tax return deadline:
March 17, 2025

S corporation tax returns are due March 17. This date is also the deadline to file for an extension using Form 7004.

If you successfully apply for an extension, your new filing due date is September 15, 2025. Note that even with a filing extension, you still need to pay an estimate of your taxes by March 17.

Need assistance? Our small business tax filing services can help.

Related articles:
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Partnerships

Tax return deadline:
March 17, 2025

Partnership tax returns are due March 17. This date is also the deadline to file for an extension using Form 7004.

If you successfully apply for an extension, your new filing due date is September 15, 2025. Note that even with a filing extension, you still need to pay an estimate of your taxes by March 17.

Need assistance? Our small business tax filing services can help.

Resources:
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C corporations

Tax return deadline:
April 15, 2025

Corporate tax returns are due April 15. This date is also the deadline to file for an extension using Form 7004.

If you successfully apply for an extension, your new filing due date is October 15, 2025. Note that even with a filing extension, you still need to pay an estimate of your taxes by April 15.

Need assistance? Our small business tax filing services can help.

Resources:
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Sole proprietorships

Tax return deadline:
April 15, 2025

Sole proprietorship tax returns are due April 15. This date is also the deadline to file for an extension using Form 4868.

If you successfully apply for an extension, your new filing due date is October 15, 2025. Note that even when a filing extension, you still need to pay an estimate of your taxes by April 15.

Need assistance? Our small business tax filing services can help.

Resources:
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Behind every small business, there’s smart tax planning

Meet members of our small business community and see how these entrepreneurs put their financials to work with Bench. 

Steve Schmidt: From Financial Crisis to Success

How seasoned entrepreneur Steve Schmidt bounced back from a financial setback with the help of Bench Accounting. Explore his inspiring journey and learn how professional bookkeeping services can be a game-changer for entrepreneurs.

Patty Dominguez: How Bench Helped Transform Her Business Journey

Patty is a business coach for solopreneurs and the host of the Positioning to Profit podcast. She’s made it her mission to help other women grow their businesses while staying true to their values.

Lyndsey Capouano: Building a Business Foundation with Bench

Lyndsey’s been through the corporate ringer and she’s studied the game. Because of this, Lyndsey knew exactly what support systems her Florida-based social media and content marketing agency needed to have in place from day one.

“Recently at the bank, I was asked for a profit and loss statement to discuss my business growth and I instantly logged into Bench, downloaded it, and handed it over. Bench's accessibility and transparency provide instant data without any hassles. The data is there for you when you need it.”

MYCA WILLIAMSON

FOUNDER

MYCA RAQUEL

“I appreciate Bench for its unique blend of software and hands-on service. I always evaluate tools based on whether they simplify my life or add to my workload. With Bench, the time saved was definitely worth the investment.”

KAMILA GORINA

FOUNDER

HEART BEHIND THE HUSTLE

“I tried doing my numbers and filing taxes myself, and then I continued to try, and I just was like, I'm spending way too much time being miserable doing this.”

TAYLOR TIEMAN

Founder

Taylor M. Tieman, ESQ.

Tax prep and filing tools 

Tackle your taxes with free checklists, webinars, and strategies designed for stress-free filing. 

LIST

Self-Employed Tax Deductions List

Ever wonder if you're missing out on tax write-offs? Use this free tool to generate a list of commonly available tax deductions for your industry.

ebook

U.S. Small Business Tax Filing Checklist

Download our free tax filing checklist to find out exactly what documents you need to gather ahead of preparing your tax return for your specific filing type.

webinar

Critical Year-End Tax Strategies for Small Business

Watch our on-demand webinar where experts share last-minute tax moves to make before December 31 that could save your small business thousands.

Tax FAQs

See what other small business owners like you ask during tax season.

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What kind of questions can I ask my tax team?

Your tax team can help you with a wide variety of income tax-related questions! Here are some examples to get you started:

The IRS just sent me a letter, what does it mean? Do I have to pay quarterly estimates? Should I incorporate my business? Should I write off mileage or get a business vehicle? Would it be advantageous to switch to an S corp?

Your Bench Tax Advisors are available year-round, and will answer your questions in two business days or less. Don’t have any burning questions? That’s okay, too! We’re still on hand to support you, and can give recommendations based on your unique business needs.

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What tax deductions are available to small business owners like me?

Making the most of all your available tax deductions can save you hundreds—even thousands—of dollars at tax time. As a small business owner, it can be difficult to know what deductions are relevant to you. We’ve put together a comprehensive list of the top 17 deductions for small businesses

Read more

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Will Bench file my personal taxes?

Yes! Personal federal and state income tax filings are included for sole proprietors in our Bookkeeping & Tax plan.

For S-Corps, C-Corps, and Partnerships, you can add-on personal filing for one partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly.

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Do I have to make estimated tax payments?

If you intend to file as a sole proprietor, a partnership, S corporation shareholder, and/or a self-employed individual, you’ll generally need to make estimated quarterly tax payments if you will owe taxes of $1,000 or more. Businesses that file as a corporation generally need to make estimated tax payments if they expect to owe $500 or more in tax for the year. If you meet these IRS minimums, then you’ll likely have to file estimated quarterly taxes.

To find out how to calculate and pay your estimated quarterly taxes, read our guide with a free calculator.

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How much does it cost to file business taxes?

Tax professionals may structure their service pricing differently. Many charge a flat fee per return, while others charge an hourly rate for the same task. Hiring a CPA or accountant to file your taxes costs between $220 and $800, depending on the size, complexity, and type of business. You’ll pay more for tax prep if your business records are messy or your bookkeeping isn’t accurate and tax-ready.

You can save considerably by buying tax accounting software. The cost is much less than hiring a tax expert, and the expense is tax-deductible, but you should be honest with yourself in your confidence to file your own taxes.

Find out more about each of your filing options in our filing guide.

Get the tax support your business deserves

Say goodbye to do-it-yourself tax headaches. Say hello to accurate financials done for you. Get started today and see what a stress-free tax season feels like.