No, I’m not talking about the two choices in this year’s presidential election. Rather, I’m talking about the situation if you have yet to send your tax paperwork to your tax professional. It’s just about time to panic.
Mind you, if your return is simple and straightforward, take care of it now: The deadline is in exactly two weeks. If your return has any sort of complexities, you must start working on it immediately. Your tax professional will need time to get your return done right. You need to turn in that paperwork post haste. Yes, if you’ve procrastinated you need to stop, sit down, and take the time to get things done.
If you file late, it’s as if you never filed your extension. So sit down, and get everything done now. Or you may be paying a significant monetary penalty if you don’t.
Tags: 2016.Tax.Season