Where's My Refund?
On average, the Federal and State governments take 2-4 weeks to process returns. While this is not a guarantee, in our experience this is the general timeframe. To help you track the status of your refund, both the Federal and State governments provide online tools which you can find here:
These resources can give you the most up-to-date information on your refund status. If you would like to check the refund status for a state other than California, please search for the Where’s My Refund feature on the tax agency website for each applicable state.
Where Do I Make Payments?
If your return results in taxes due, or if you need to make estimated payments, you can submit digital payments directly with the tax agencies. Links to the IRS and California (FTB) websites are provided below. NOTE: The IRS will require digital payments beginning with the 2026 tax year.:
Payments to other states can be made directly with the tax agency for each state.
What Should I Know If I'm Self-Employed?
Congratulations on starting your own business! There are many tax-related considerations for self-employed individuals. As an HSC client, we guide you through the steps in the process. A great primer for our conversation is the self-employment guide from the IRS which you can read RIGHT HERE at IRS.gov.
How Do I Find My IRS Identity Protection PIN (IP PIN)?
An Identity Protection PIN (IP PIN) is a unique six-digit number known only to you and the IRS. It helps prevent the misuse of your Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN) on fraudulent federal income tax returns.
Where's My 1095-A?
If you purchase your healthcare through Covered California, you'll receive a 1095-A form, which is required to file your tax return. You can find form at one of the two websites below:
- California: Find Your 1095-A on CoveredCA.com
- Outside California: Find Your 1095-A on Healthcare.gov
|
Entity |
Due Date | Extended Due Date |
| Individual Form 1040 | April 15 | October 15 |
| Individual Estimated Tax Payment Schedule |
1Q - April15 2Q - June 15 3Q - September 15 4Q - January 15, 2027 |
N/A |
| Form 1065 | March 15 | September 15 |
| S Corporation Form 1120S | 15th day of the third month following the fiscal year end | One 6 month extension may be granted |
| Corporation Form 1120 | 15th day of the third month following the fiscal year end | One 6 month extension may be granted |
| Orgaization Form 990 | 15th day of the third month following the fiscal year end | Two 3 month extensions may be granted |
| Employee Benefits Plans Form 5500 | Last day of the 7th month following Plan year end | 15th day of the 10th month following Plan year ended |
| Payroll Tax Returns Forms 941, DE6, etc. | Quarter Ended March 31 Return due April 30 Quarter Ended June 30, Return due July 31 Quarter Ended September 30, Return due October 31 Quarter Ended December 31, Return due January 31 |
N/A |
| Accounting Records | Keep For |
| Accounts payable | 7 years |
| Accounts receivable | 7 years |
| Audit reports | Permanent |
| Chart of accounts | Permanent |
| Depreciation schedules | Permanent |
| Expense records | 7 years |
| Financial statements (annual) | Permanent |
| Fixed asset purchases | Permanent |
| General ledger | Permanent |
| Inventory records | 7 years (or Permanent for LIFO system) |
| Loan payment schedules | 7 years |
| Purchase orders (1 copy) | 7 years |
| Sales records | 7 years |
| Tax returns | Permanent |
| Bank Records | Keep For |
| Bank reconciliations | 2 years |
| Bank statements | 7 years |
| Cancelled or substitute checks | 7 years (Permanent for real estate purchases) |
| Electronic payment records | 7 years |
| Corporate Records | Keep For |
| Board minutes | Permanent |
| Bylaws | Permanent |
| Business licenses | Permanent |
| Contracts - major | Permanent |
| Contracts - minor | Life of contract + 3 years (Liability can vary, check with your agent) |
| Insurance policies | Permanent |
| Leases/mortgages | Permanent |
| Patents/trademarks | Permanent |
| Shareholder records | Permanent |
| Stock registers | Permanent |
| Stock transactions | Permanent |
| Employee Records | Keep For |
| Benefit plans | Permanent |
| Employee files (ex-employees) | 7 years (Or statute of limitations for employee lawsuits) |
| Employment applications | 3 years |
| Employment taxes | 7 years |
| Payroll records | 7 years |
| Pension/profit sharing plans | Permanent |
| Real Property Records | Keep For |
| Construction records | Permanent |
| Leasehold improvements | Permanent |
| Lease payment records | Life + 4 years |
| Real estate purchases | Permanent |
