People who requested an extension to file their 2020 taxes must keep in mind that the deadline is just around the corner. Keep reading to learn more.
What You Need to Know About the Extension to File Your 2020 Taxes
The original deadline to file your 2020 taxes was May 17, but people could request an extension to get more time to file. In that case, the deadline is October 15, 2021.
If you requested an extension to file your 2020 taxes, you have just enough time to seek the assistance of a tax professional to file your taxes accurately and on time.
Remember that the fact that the deadline is October 15 doesn’t mean that you have to wait until that date to file your taxes. Taking action now will make thighs a lot easier and stress-free.
Some Useful Information to Keep in Mind
Usually, there’s no penalty for failure to file if you are owed taxes. However, remember that an extension to file your taxes is not an extension to pay. If you haven’t paid even an estimate of your 2020 taxes, contact a tax expert to receive assistance.
Even though October 15 is the deadline to file your 2020 taxes, some people may have more time, for example, members of the military serving in a combat zone and people in federally declared disaster areas.
If you didn’t request an extension and still haven’t filed your return, our experts can help you file as soon as possible, reducing penalties and interests.
Need Help With Your Taxes or Insurance? Contact the Experts at Delgado’s Insurance
Looking for assistance with your taxes or insurance? contact our experts at Delgado’s Insurance. Our mission is to help you make sense of your options to reduce your liability and maximize your deductions while staying compliant with all relevant laws and regulations.
We have locations in Riverside, California, and Bloomington, California. Contact us today by telephone (951-361-0084, 909-421-9003), email (email@example.com), or through our social media accounts (Facebook, Twitter) to get a free quote and learn more about our wide array of services.