Filing Taxes Late

Filing Taxes Late
Filing Taxes Late

Filing Taxes Late

Filing taxes is not ideal, but it also is not the end of the world. However, the sooner you file, the more money you will save. Filing late and owing the IRS comes with penalties and interest. Financial to be specific. So file quickly to stop the penalties and interest!

April 18th was the deadline for those owing taxes. If you did not file an extension by that date and you owe taxes, you are late. However, if you are due a refund from Uncle Sam, you are not penalized for filing late. But you also won’t get a refund if you don’t file. The bottom line… you gotta file your taxes.

If you happen to be in the group of filing late and owing, we are sure you have questions. Mainly, how do you correct that? Well, it is simple. You file. Quickly!

Like we said, filing taxes late is not ideal but it is completely something you can handle. You need to do it quickly or contact a tax professional quickly. The longer you let time go by, the more you will pay in penalties and interest. You need to stop that clock immediately. The only way to stop it is to file. There is no excuse Uncle Sam will consider to avoid those fees.

Daunting? Contact us. Our professional tax team will help you square this away and get it behind you. It’s what we do!

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