Will You Miss the Tax Deadline This Year?
For those of you out there that are expecting a significant refund I’m certain you already filed your income tax returns with Premier Services and hopefully saved the refund for a rainy day, right? If not, hopefully you did not spend your entire refund solely in one place. Unfortunately, on the other hand, if you are under the impression you may owe, you may prolong filing your taxes as much as possible. Procrastinating often results in failing to file your income taxes on time, especially if your taxes are complex. Nowadays to add on to the stress, finding a trusted tax professional is very difficult. Now imagine having to gather all of your necessary information and then having to obtain an appointment all on the very last day. This ladies and Gentlemen is where Premier Services comes in.
For most that are unable to get any of this done prior to the deadline always find it easier to ignore the problem. Sometimes, people are unaware of the potential penalties of late taxes or simply just choose to ignore them. At this point for some this turns into a pattern where you may be hesitant to file the next year’s return, automatically drawing attention to yourself. Once all eyes are on you, the IRS will see that the prior income taxes were omitted which would then lead to steep consequences from the IRS.
Ignoring your taxes is not the solution, it is a temporary process that will lead you down a road of serious problems and consequences. The tax deadline is around the corner and if you believe you may be late in filing, you can always file for an extension. Contact our office and speak to one of our licenses Income Tax professionals for assistance today, they are knowledgeable when it comes to these situations. Working with a licensed professional will make this process relatively simple and can be done in a matter of minutes. This process will provide you with an additional six months to prepare your returns. Please note that an extension does not delay the due date for payment of your tax debt (should you have any). Failing to pay your estimated tax debt by the tax deadline may cause:
Interest being charged on the amount owed
A late fee if you still owe more than 10 percent of your overall annual debt.
On the other hand, as mentioned you still have time to either file your income taxes or request an extension through us. If you have your taxes ready and you simply cannot afford an additional expense such as a tax liability, call us today at 714-661-3569 or send us a direct e-mail with your questions at firstname.lastname@example.org You will have the opportunity to discuss your options with an experienced Tax Professional. They will provide you with the information you will need that best fit your needs. For additional contact information click HERE
The regular tax return filing deadline is April 15. However, due to April 15 being on a Saturday and the Washington D.C. Emancipation Day holiday being observed on April 17 instead of April 16, 2017, Tax Day is on the following Tuesday.