As Tax Day approaches each year, April 15 is one of the most important dates on the calendar for individuals and many businesses. Missing this deadline can lead to penalties, interest, and missed opportunities for deductions or refunds.
In this blog post, we’ll walk through:
Even if you're not ready to file your return, you can pay your estimated taxes through:
These payments can be designated as extension payments to be applied to your final return.
April 15 is more than just the deadline to file Form 1040. It’s a critical day for paying taxes, making retirement contributions, and staying compliant with the IRS.
Filing an extension can buy you time, but it won’t stop the clock on your tax bill. If you’re still gathering documents or working with your accountant, be sure to file Form 4868 or 7004 and make a payment to avoid interest and penalties.