If you are an individual or C corporation and you filed for a 6-month tax return extension, your final deadline for filing is on Monday, October 16, 2017. This is your last chance, so get ready to file those taxes as soon as possible!
Qualifying for a 6-month tax extension requires filing the proper forms before the original filing deadlines. Assuming that your extension is accepted by the IRS, you have six months from the original business tax date to complete your filing.
Missing this extension deadline can mean facing stiff tax penalties that could affect your business for years. In the future, staying organized will prove to be very helpful when preparing for your files, whether you want to wait until the last minute or you file earlier. Get all of your key documents gathered in one place. Keep a file folder just for tax documents and receipts – even a shoebox will do!
If you owe money, Ferguson, Timar & Company has the expertise in business taxes to enable you to maximize your deductions and declarations to lower the amount you owe. If you are anticipating money back from the IRS, then we’ll show you how to get the maximum return. Put your last-minute filing needs in the hands of an expert CPA firm that specializes in business taxes and knows exactly how to handle quick and accurate tax preparation when the final extension is looming.
The important thing to know is that time is of the essence when it comes to filing your taxes. If you had a 6-month extension on your business taxes, do not procrastinate any longer. Contact Ferguson, Timar & Company today for the best in professional tax preparation. We’re here to help.