Time is ticking for taxpayers who filed for an extension
It seems more and more individuals are filing income tax extensions on April 15th so that they do not have to file their income tax returns until October 15th. The October 15th deadline will be here before you know it.
I have spoken to several CPAs and they all agree that clients really should have all of their information to their CPAs within the next few weeks to give their CPAs time to create and edit the tax return. With children going back to school now, the tax return can easily get put onto the back burner. Make sure it does not as penalties and additional interest will start to accrue if nothing is filed by October 15th.
For more questions regarding income taxes, please contact our attorneys at Wood, Atter & Wolf, P.A. in Jacksonville and Ponte Vedra Beach, FL.
