Would I love to spend another week talking about working remotely in Spain? Of course I would. 

But you’ve got a business to run, which means we need to talk about three very important tax deadlines on March 2, March 15, and April 15, and what you need to know for each of them.

Before we jump in, one quick reminder: I am not your accountant. I do not know how your business is organized. This information is meant to help you run your company and keep more of your hard-earned cash.

If you have questions or concerns, talk to your tax professional. (A human one.

While this one doesn’t apply to most of you, it’s firmly been my mission since 2016 to keep my fellow Angelenos on the right side of the city’s arcane business tax and licensing rules.

Here are the basics:

👉 If you need more information, I wrote a whole blog article about it.

March 15 is mostly a filing deadline, not a “move a bunch of money” deadline:

This early deadline might seem annoying, but it’s practical. You can’t file your personal returns in April without the summary of what happened in your business. 

You do have the option to take an extension on these filings. If you’re a solo S-corp owner, you probably don’t care if your accountant prepares both returns at the same time. (If you have an accountant and didn’t even realize March 15 was a thing, this is why. They’re taking care of it all at once.) But if you have partners, and you drag your feet, everybody else is stuck waiting on you. Don’t be that person. 

Even if you take an extension, start the conversation with your tax pro now, if you haven’t already. They still need to know what’s going on in a timely manner.

TL;DR: Extensions are fine, just don’t confuse “extension” with “nothing to do.”

We all know this deadline by heart as “tax day.” But as a business owner, you actually have three deadlines, and it’s the day to handle all the money stuff.

That means:

Now here’s the part people mess up: extensions are for your tax returns. That’s just the paperwork that backs up what happened last year. Extensions do NOT excuse you from getting your money right. 

As long as the money has been paid in at roughly the correct amount, you don’t have to do the paperwork yet. You can take the extension, handle the forms later, and be fine -- the goal is that you paid in what you were supposed to pay in. (The technical requirement: at least 90% of what you owe for 2025 or 100% of what you actually owed in 2024.) If you can’t make that happen right now, contact the IRS and request a payment plan.

Big picture, just make sure the IRS hears from you. Move some money, file the return or extension -- basically, wave around the piece of paper that says you intend to participate. You don’t want to hear from them first.

Ready to get started? Great, here’s what you do:

Again, I’m not your accountant. But if you have overall questions about your business financial strategy, I’m here to help. Book a free 20-minute strategy session.

If you want to make a 2025 retirement saving contribution, make sure you know which deadlines go with which dates. A quick reminder, the personal contribution deadline cannot be extended. The business contribution deadline can. And any ticking clocks stop on the day you file your taxes.

Income inequality. New data from the Fed shows income inequality has reached historically high levels, with the top 1% of Americans controlling 31.7% of wealth. But time is undefeated, which is why…

The invisible majority. Within five years, women over 50 will control two-thirds of US spending power. That’s a lot of dead billionaires and estrogen patches, and perhaps customers for you. If we don’t make our own ecosystem first. Women over 50 are starting 20% of new businesses, disproportionately led by Black women. Seems like a handful of shrively oligarchic somebodies, ahem, might not be meeting our needs. 

The US federal debt. Deficits mean you spend more than you take in. Debt is what’s used to finance deficits. And we have been piling on the federal debt, to the tune of $2 trillion last year. (Which is historically insane for a country without an active war.) About 6% of US GDP annually goes straight to interest payments, about $1.5T. There will be a point where this becomes a real problem, but probably after most of said shrively oligarchs die upon their own hoards. 

Jobs revisions. 2025 job creation was revised downward to about 180,000. The only sector that is growing consistently is healthcare. The most cited reason for not hiring: tariffs. They’re so hot right now. Tariffs.

Social media trial. Heads of social media platforms have been rolling into an LA courthouse this week to testify in a case about known harms to children. While this isn’t getting a lot of attention amidst [insert unprecedented disaster of your choice], it’s being compared to the lawsuits that brought down Big Tobacco. Unlike testifying before Congress, these folks can’t just yell Culver City crime stats back at the judge. They can be compelled to answer. Whistleblowers have already shown that Meta is well aware of its mental health impacts on kids. Now we get it on the record.

ICYMI, here are resources you should know about:

Thanks to a pandemic oversight, tax deadlines accidentally got turned off for 3 years. A current court ruling says that declaring the pandemic a federal disaster  cancelled tax deadlines through 2023. If you, good citizen, paid penalties or interest from 2021-2023, there’s a short window in which you may be able to recover them. 

Concentration of wealth in the US is on the rise from AI valuations. Fans of the Gilded Age, we are so back. As of February 2026, the 19 richest Americans are worth $3.4 trillion, or just over 2% of total US household wealth, which is the level that caused public dissent in the Gilded Age. And several of those folks are now pushing money around in a circle. Don’t worry, it’s just a few tech barons and plutocrats…writing contracts with each other. Nothing that’s been problematic before.