You do not have to file your tax returns by April 15! If there is no additional tax due, there is no penalty!
Posted by Sheldon Harding CPA at 12/4/2009 3:27 PM 
Categories: penalties,tax planning,tax due,due date,Tax return
Tags: penalties tax planning tax due due date Tax return
Categories: penalties,tax planning,tax due,due date,Tax return
Tags: penalties tax planning tax due due date Tax return
You do not have to file your tax returns by April 15 and if there is no additional tax due, there is no penalty for delaying the paperwork. So it is better to make sure you have all of your deductions and have everything needed to your preparer. You may be able to save money that way by waiting until you are certain you have found everything that you need to save taxes. You can get the paperwork filed over the next 6 months and I always need some summer work anyway. You may be able to save on preparation fees with a summer discount.
I recommend that my clients know about how much taxes might be due by the next April so they can plan for it and even start sending in some money or at least setting it aside.
I recommend that my clients know about how much taxes might be due by the next April so they can plan for it and even start sending in some money or at least setting it aside.
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