Just like individuals, businesses have to pay taxes too. However, the due date for when you file depends on how your business is structured. Plus, many businesses pay estimated taxes each quarter.

New deductions will lower the tax bills for many Americans. Those who prefer to pay less in taxes throughout the year may want to adjust the amount withheld from their final paychecks of 2025.

Companies and other organizations will in future be able to pay all their taxes using a single reference number.