Web2 days ago · An extension will indeed give you until October to finish filing, but the problem is that your tax bill is still due if you owe any money. Amanda Monroe is among those hoping to be done filing by ... Web14 hours ago · If you're planning to file a tax extension this year, ... The late-payment penalty is usually 0.5% per month of the outstanding tax not paid by the filing deadline, maxing …

The Pros and Cons of Filing a Tax Extension - The Balance

WebApr 4, 2024 · Myth #1: Extension to file means extension to make a payment. The biggest misconception about tax extensions is that it gives you extra time to pay taxes that are due. But an extension only provides six additional months to submit your return — any tax liability is due on tax day. WebIt is important to lodge on time as this ensures that your information is up to date, which provides you with certainty of the amount you need to pay. If you need help, contact us to discuss your circumstances so we understand your situation and can tailor our approach. A penalty may apply if you fail to lodge on time, so – even if you need ... st lucia fire service application form

What if you can

Web16 hours ago · An estimate for the amount of tax your business has to pay will still need to be made and paid by 18 April. How and where to apply for IRS Form 7004 At this stage it … WebApr 10, 2024 · That means you’ll have until Oct. 16, 2024 to submit your 2024 federal income tax return. Individual taxpayers, regardless of income, can use IRS Free File to request an automatic six-month tax ... Web1 day ago · The extension of time to file your return does not extend the time to pay any money you may owe. “If you do get an extension you’re expected to estimate your tax liability and if you’re ... st lucia earthquake