Did you know?
“Anyone who didn’t file and owes tax should file a return as soon as possible and pay as much as possible to reduce penalties and interest. There’s no penalty for filing a late return if a refund is due. Penalties and interest only accrue on un-filed returns of taxpayers who don’t pay by the deadline.
Filing soon is especially important because the late-filing penalty on unpaid taxes adds up quickly. Alternatively, taxpayers who have a history of filing and paying on time sometimes qualify for penalty relief.”
Get in touch with us today if you have not filed your taxes, filed for an extention to file or have received a letter from the IRS.