Tax season 2024:
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? Stick with the pros.
At Bench, our experts do your bookkeeping, income tax prep, and filing so you can save time and stress less.
Tax deadlines
Mark your calendars: Here are the important dates you need to know for tax extension filing.
S corporations
September 16, 2024
If you applied for a filing extension, S corporation tax returns are due September 16. Click the link above for filing form 1120-S to get started on your return. Don't delay, your deadline is fast approaching!
Interested in having Bench complete your tax filing for you? Sign up before August 1st, 2024 to leave enough time for your services ahead of the IRS deadline. Book a call to learn more.
Partnerships
September 16, 2024
If you applied for a filing extension, partnership tax returns are due September 16. Click the link above for filing form 1065 to get started on your return. Don't delay, your deadline is fast approaching!
Interested in having Bench complete your tax filing for you? Sign up before August 1, 2024 to leave enough time to complete your services ahead of the IRS deadline. Book a call to learn more.
C corporations
October 15, 2024
If you applied for a filing extension, C corporation tax returns are due October 15. Click the link above for filing form 1120 to get started on your return. Don't delay, your deadline is fast approaching!
Interested in having Bench complete your tax filing for you? Sign up before August 30, 2024 to leave enough time for your services ahead of the IRS deadline. Book a call to learn more.
Sole proprietorships
October 15, 2024
If you applied for a filing extension, sole proprietorship tax returns are due October 15. Click the link above for filing form 1040 to get started on your return. Don't delay, your deadline is fast approaching!
Interested in having Bench complete your tax filing for you? Sign up before August 30, 2024 to leave enough time to complete your services ahead of the IRS deadline. Book a call to learn more.
1099
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 15.
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Tax prep and filing tools
Tackle your taxes with free checklists, webinars, and strategies designed for stress-free filing.
Tax Trouble?
3 Steps to Financial Recovery
Managing your business taxes can be challenging, especially when you’re behind. We're here to help you navigate your way to financial clarity.
U.S. Small Business Checklist
Download our free tax checklist to find out exactly what you need to gather for your specific tax filing type.
Navigating Tax Season 2024
Watch our on-demand webinar for an expert-led discussion about what small businesses need to know to be prepared for filing taxes.
Tax filing 101
How to maximize returns
Frequently asked questions
See what other small business owners like you ask during tax season.
Anything and everything tax-related! 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? What are the tax implications of my PPP loan?
Your Bench Tax Advisors are available year-round, and will answer your questions in 2 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.
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
Yes! Personal federal and state income tax filings are included for sole proprietors in our Premium plan.
For S-Corps, C-Corps, and Partnerships, you can add-on personal filing for 1 partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly.
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.
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.
Work with the expert tax team 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.
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