IVY ACCOUNTING SERVICES
  • Home
  • About
  • Services
  • Tax Preparation
  • Contact
2024 TAX PREPARATION
Picture
TAX DAY:  
April 15, 2025 
 
​We ​​are currently accepting new clients for the 2025 tax season.*

*The 2025 tax season is for preparation of your 2024 tax returns. To ensure we are able to provide timely services to our existing clients, we ask that all new clients be current on their tax filings (all returns filed through tax year 2023). If you are interested in becoming a new client, please contact us prior to completing any of the new client forms. 
contact us
CLIENT RESOURCES
Client Xchange Portal
  • FEE SCHEDULE
  • IMPORTANT DATES
<
>
TAX PREPARATION FEES.pdf
File Size: 181 kb
File Type: pdf
Download File

January 15, 2025
  • 4th quarter estimated tax payments for 2024 due 
January 31, 2025
  • W-2 forms due to employees
  • Forms 1099 due to contractors
  • Form 1099-NEC filing deadline
March 17, 2025
  • S corporations tax returns due (Form 1120-S) 
  • Partnerships tax returns due (Form 1065) 
  • Schedule K-1 due to partners/shareholders 
April 15, 2025
  • Individuals tax returns due (Form 1040) 
  • Deadline to file for an extension (Forms 4868)
  • 1st quarter estimated tax payments for 2025 due
June 17, 2025
  • 2nd quarter estimated tax payments for 2025 due
September 16, 2025
  • 3rd quarter estimated tax payments for 2025 due
October 15, 2025
  • Extended individuals tax returns due (Form 1040) 
​January 15, 2026
  • 4th quarter estimated tax payments for 2025 due 
CHECKLISTS
TAX RETURN CHECKLIST​
TAX RETURN CHECKLIST - New Clients
QUESTIONNAIRES
2024 TAX YEAR QUESTIONNAIRE*
2024 TAX YEAR QUESTIONNAIRE - New Clients*

​* All clients are required to complete and submit a tax questionnaire every tax season.
​
ORGANIZERS
SMALL BUSINESS ORGANIZER
RENTAL PROPERTY ORGANIZER
IRS Links
REFUND STATUS
IRS ONLINE PAYMENT OPTIONS
ONLINE ACCOUNT - Individuals
ONLINE ACCOUNT - Businesses
IRS PAYMENT PLAN APPLICATION
FREE EXTENSION FILING
​CHARTIY SEARCH
Michigan Links
REFUND STATUS
​MICHIGAN ONLINE PAYMENT OPTIONS
ONLINE ACCOUNT - businesses
CITY LINKS
LANSING ONLINE PAYMENT
EAST LANSING ONLINE PAYMENT
GRAND RAPIDS ONLINE PAYMENT
DETROIT ONLINE PAYMENT

Most significant changes for Tax Year 2024:

  • Income Tax Brackets: The marginal rates have not changed (10%, 12%, 22%, 24%, 32%, 35% and 37%), however, the IRS has adjusted the brackets (the income thresholds that are connected to these marginal rates) to account for inflation. 
  • The Standard Deduction increased for each filing status:  Single or Married, Filing Separately - $14,600; Head of Household - $21,900; Married, Filing Jointly or Qualifying Widow(er) - $29,200.
  • Taxpayers who are 65 and older qualify for an additional standard deduction: Single or Head of Household - $1,950; Married, Filing Separately or Jointly - $1,550 per eligible spouse.
  • 1099-K Reporting: Those who received payments through third-party companies will receive a 1099-K for any earnings of $5,000 or more.
  • IRA Contributions increased for 2024 to $7,000.
  • 2024 Mileage Rates: 67 cents/mile for business; 21 cents/mile for medical; 14 cents/mile for charity
  • Bonus Depreciation:  For 2024, businesses can deduct 60% in first-year bonus depreciation.
Copyright © 2015
  • Home
  • About
  • Services
  • Tax Preparation
  • Contact