IRS reminds extension filers of October 15 deadline
If you requested an extra six months to file your 2017 federal tax return, the extension deadline to file that tax return is October 15, 2018.
If you haven’t filed yet, here are a few tips to keep in mind about the extension deadline and taxes:
• Don’t overlook tax benefits.
Taxpayers should be sure to claim all entitled tax credits and deductions, including the Earned Income Tax Credit and education credits.
• Use direct deposit.
For taxpayers getting a refund, the fastest way to get it is to
combine direct deposit and e-file.
• Use IRS online payment options.
Taxpayers who owe taxes should consider using IRS Direct Pay. It’s a simple, quick and free way to pay from a checking or savings account. There are other
online payment options.
• To avoid a potential late filing penalty, file your 2017 tax return by October 15.
Hi! Here's a mid-year reminder for those of you that pay out of pocket for a lot of expenses for your job where you may or may not be reimbursed. Please note in the article some of the expenses that you will NOT be able to claim when you file your taxes in the Spring. You're encouraged to seek reimbursement directly from your employer now while you can, or you just may end up stuck holding the bag at the end of the year. 😳
Book an appointment with us (use the Book Now link here on the page or on the website: www.forbes-accounting.com) for a review of your prior tax returns and current pay and expenses to get an idea of what your tax situation could look like and any changes that you can begin to make NOW to prepare. Always happy to help! 😊