Wow! This year is going by fast. I can’t believe there is only three weeks left to file your taxes.
Three weeks from today, on April 18th, all individual, partnership and trusts tax return for calendar year taxpayers are due. There is still time to get everything together and prepared, but you need to hurry. If you can not get your information together, no need to panic. Simply file an extension and you will generally have an extra six-months to file your return. Remember, this is an extension of time to file your return, not an extension of time to pay your taxes. So, any anticipated tax you might owe needs to be paid with the extension. If you underpay your taxes, additional penalties may apply.