Tax Return Filing Deadline 5 Days Away

If last April you filed an extension to file your income tax return you had better get your skates on. The filing deadline for your 2010 return is Monday October 17, 2011.

Any return filed after that date will be subject to a late filing penalty starting at 5% of any tax due for each month the return is late up to a maximum of 25% of the tax due. Also, remember that the filing extension did not extend the time to pay the tax due for 2010. If there is any unpaid tax after April 17, 2011 then there will be a late filing penalty of 1/2% of the unpaid tax.

If you need any assistance to complete your 2010 tax return or the accounting records to prepare the return then please call us on (480) 363-4808 or email us.

Posted By Mark Smith

Mark Smith, EA is an Enrolled Agent and accountant with over 30 years tax and accounting experience. He is the owner of Cranmere Accounting and Tax Services LLC. He can be contacted on (480) 363-4808 or by email at if you need assistance with any of the above.

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