April 17th is right around the corner and marks the end of the
line for taxpayers to either file their returns or file an extension.
Keep in mind that extending your return only extends your time to file, NOT
your time to pay. If you extend your tax filing and owe taxes, you should
make a payment with your extension filing. Otherwise, you will be subject
to failure-to-pay penalties as well interest on the unpaid balance. This
is an important distinction for all of you out there filing an extension.
If you need assistance with getting an extension filed or determining how much
tax you should pay with your extension, then please contact our office before
time runs out.
In the meantime, good luck with the completion of this tax
season and remember that an accurate and complete filing is just as important
as a timely one!
brad@mcarthurco.com
704.544.8429
