Last-Minute Tax Tips to Help You Easily and Accurately File by the Tax Extension Deadline

If you filed for a tax extension earlier this year, time is almost up! The October 15, 2025 deadline is your final opportunity to submit your return without facing penalties. Whether you’re an individual taxpayer or a small business owner, the good news is that there’s still time to file accurately and confidently — if you act now.

Here are some last-minute tax tips to help you file smoothly, avoid errors, and possibly save money before the deadline.

1. Gather All Your Documents First

Don’t start your return until you’ve organized your records. Missing one form could delay your filing or trigger an IRS notice later. Collect everything you need, including:

• W-2s and 1099s (from employers, clients, or investments)

• Receipts for deductible expenses — business, medical, or education-related

• Bank interest and dividend statements

• Proof of estimated tax payments

• Business financials — profit & loss statements, mileage logs, and inventory records

A little organization now saves hours later.

2. Take Advantage of Deductions and Credits

Every credit and deduction you claim can make a big difference. Be sure to check these before filing:

• Individual filers: Earned Income Tax Credit (EITC), Child Tax Credit, American Opportunity Credit, or Lifetime Learning Credit

• Homeowners: Energy Efficient Home Improvement Credit for qualifying upgrades

• Self-employed and business owners: Office rent, utilities, marketing, insurance, depreciation, and home office deductions

Even small credits and write-offs can lower your taxable income — so don’t leave money on the table.

3. File Electronically for Speed and Accuracy

If you’re short on time, e-file your return. It’s faster, more secure, and less prone to errors compared to mailing paper forms. Plus, if you’re due a refund, e-filing with direct deposit ensures you’ll receive it much sooner.

4. Pay Any Taxes Owed — Even If You Can’t Pay in Full

If you owe taxes, submit your payment as soon as possible using IRS Direct Pay or the Electronic Federal Tax Payment System (EFTPS).Can’t pay the full amount? That’s okay — still file your return on time to avoid the “failure-to-file” penalty, which is higher than the “failure-to-pay” penalty. Then, set up a payment plan with the IRS to manage your balance.

5. Double-Check State Deadlines

Most states align with the federal October 15 extension deadline, but a few have their own rules. Don’t forget to verify your state filing requirements and ensure both returns are submitted together.

6. Review Your Return for Accuracy

Before you hit submit, do one final review to make sure everything is correct:

• Social Security numbers and names are spelled correctly

• Income sources are all included

• Bank account details for direct deposit are accurate

• All forms and schedules are attached

This quick double-check can prevent frustrating IRS delays or rejections.

7. Seek Professional Help If You’re Unsure

If you’re a small business owner or someone with multiple income streams, filing on your own can get complicated. A tax professional can ensure your return is accurate, compliant, and optimized for deductions. Even at the last minute, professional guidance can make a huge difference — especially for entrepreneurs juggling both personal and business finances.

The October 15 tax extension deadline doesn’t have to be stressful. By staying organized, filing electronically, and taking advantage of every credit available, you can submit your taxes confidently — and possibly save more than you expected.

Whether you’re catching up on your personal taxes or finalizing your business return, take these steps now to avoid penalties and finish strong this tax season.

Need a hand before the deadline? Our team of trusted tax professionals can help you file quickly, accurately, and stress-free — whether you’re an individual or a small business owner.

Contact us today to beat the October 15 deadline with confidence!