Posts Tagged ‘Tax deadline’
Businesses: File on Time or Pay the Price!
March 15 is the tax-filing due date for calendar year S-corporations and partnerships. While this filing deadline does not require making a tax payment, missing the due date could cost you a hefty penalty. The penalty The penalty is calculated based on each partial month the tax return is late multiplied by each shareholder or…
Read MoreEveryone Knows Someone Who Missed the Boat
This year’s April 18 tax deadline has come and gone, but not everyone has filed a 2016 tax return. Some have missed the boat! Many taxpayers who should file simply do not. Common culprits are older, retired parents, and young adults who are new to tax filing requirements. Here are just a few reasons these…
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