You can mark your calendar now for important tax deadlines in the coming year. For example, January 15, 2025, is the due date for the final installment of estimated tax for 2024 for individuals, including owners of pass-through entities. January 31st is the deadline for providing employees with W-2s for 2024 and transmitting copies to the Social Security Administration. It’s also the date for giving independent contractors Form 1099-NEC (and transmitting copies to the IRS) if payments to them in 2024 were $600 or more. Use the IRS’s Tax Calendars to find key dates. This publication includes a section entitled Employer’s Tax Calendar. #IdeaoftheDay