What’s New: 2025 & 2026 Tax Deadlines

Tax laws and filing deadlines change, and staying informed is essential. Below is an overview of key tax deadlines for the 2025 and 2026 tax seasons.

Tax Filing Start Date

Tax filing officially begins January 26th.

Extension Deadline

The deadline to file for an extension is April 15. Filing an extension does not extend the deadline to pay taxes owed. Interest and penalties begin accruing on any unpaid balance after April 15.

Key Tax Filing Deadlines

Individuals & Married Couples

Filing deadline: April 15



S-Corporations & Partnership LLCs

Filing deadline: March 15

C-Corporations

Filing deadline: April 15



California Registered Businesses (LLCs, S-Corps, C-Corps)

$800 Annual Franchise Fee Due March 15, 2026

Non-Profit Corporations

Deadlines depend on fiscal year-end:

Fiscal year ending June 30 → Filing deadline November 15 of the same year

Example: Year ending June 30, 2026 → Filing deadline November 15, 2026

Fiscal year ending December 31 → Filing deadline May 15

Big Beautiful Bill – Key Tax Changes You Should Know

A new federal tax law, often referred to as the “Big Beautiful Bill,” has introduced several important changes that may impact individuals, families, and business owners. These updates affect how much you can deduct, how certain income is taxed, and how businesses can write off expenses. Below is a breakdown of the most important changes in plain language.

Major Tax Changes That May Affect You

  • Increased State and Local Tax (SALT) Deduction

    • The limit on deducting state and local taxes has increased from $10,000 to $40,000.
    • This is especially helpful for taxpayers in higher-tax states.
    • Homeowners and high-income earners may see larger deductions.

  • Changes to Tax Credits

    • Some personal and family tax credits have been adjusted.
    • Certain credits may be larger or easier to qualify for.
    • This could result in bigger refunds or lower tax bills for qualifying families.

  • No Tax on Tips

    • Tips earned in service-related jobs may no longer be subject to federal income tax.
    • This benefits workers in restaurants, hospitality, and personal service industries.
    • Employees may take home more of their earned income.

  • No Tax on Overtime Pay

    • Overtime wages may no longer be taxed at the federal level.
    • This helps employees who regularly work extra hours.
    • More of your overtime earnings may stay in your paycheck.

Business-Friendly Updates

  • Higher Business Expense Deductions

    • Many common business expenses can now be deducted more easily.
    • This includes supplies, equipment, technology, and operating costs.
    • Small business owners may see lower taxable income.

  • Increased Depreciation Benefits

    • Businesses can write off equipment and major purchases faster.
    • This applies to vehicles, machinery, computers, and tools.
    • Faster write-offs mean lower taxes in the year of purchase.

  • Improved Support for Growing Businesses

    • Expanded deductions and depreciation make it easier to reinvest in your company.
    • Helps businesses improve cash flow and growth potential.

What This Means for You

These changes may:

  • Lower your overall tax bill
  • Increase your refund
  • Improve your business cash flow
  • Allow for better financial planning

However, how these updates affect you depends on your income, job, family situation, and business structure.

Get Personalized Guidance

Tax laws are complex, and not every change applies to every taxpayer. At DTS Damper's Tax Services, we review your unique situation to make sure you receive every benefit available under the new law.


If you have questions about how these changes affect you, contact us today to schedule a consultation. Our team is here to help you stay informed, compliant, and financially confident.