IRS Extends Tax Deadline
Yep, you read it right, the IRS extends the federal tax filing deadline for individual tax returns until May 17th. If you’re getting a refund, the IRS encourages you to file now and not to wait. This extension does not apply to estimated tax deadlines or business tax returns.
The IRS has also extended the federal tax deadline to June 15, 2021 for residents of Texas, Oklahoma and Louisiana due to severe storms.
What does this mean for you?
If you’re a small business owner or still looking for a professional tax preparer, you been granted a little more time on the time clock. This also means, more professionals are probably being rushed by those last minute clients so you better get in where you fit in. Schedule a free consultation here.
I know we’re all probably wondering how much more complex this tax season can get, but that’s why professionals like us are here to help. Don’t risk being audited by the IRS because you wanted to tackle this complicated tax season yourself, get the help your refund deserves!