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New Member
posted Mar 31, 2025 10:39:19 AM

If I started working independently in February 2025 do i need to file business taxes yet?

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1 Replies
Expert Alumni
Mar 31, 2025 10:51:40 AM

Probably not. Keep track of your income, as you may need to make estimated income tax payments for the first quarter of the year. Those are due on April 15.

 

If you aren't paying any employees, you don't need to make payroll tax deposits. 

 

But if you're collecting sales tax from your customers, be prepared to make monthly deposits with the state tax collector.