TAX FILING EXTENSION DEADLINE APPROACHING:

As the seasons transition from summer to fall, it is not just the change in foliage or pumpkin-flavored delights we need to remember; it is also an important time for taxpayers. The IRS has issued a reminder that the October 16th tax filing extension deadline is rapidly approaching. For many of you who requested an extension on your 2022 tax returns, this is a crucial date to mark on your calendars.

The IRS has issued special extensions for Disaster-Area Taxpayers. Taxpayers who faced hardships due to events such as the Maui fires or Hurricane Idalia, especially if you’re from Maui, Hawaii, or specific counties in Florida, South Carolina, and Georgia, your deadline to file various tax returns is February 24, 2024. Please note that the list of affected areas is updated routinely. To stay informed, we recommend checking the disaster relief page at https://www.irs.gov/newsroom/tax-relief-in-disaster-situations for the most recent information.

For those unaffected by the above circumstances, we cannot stress the importance of filing by the upcoming deadline on October 16, 2023. Doing so will ensure that you avoid unnecessary penalties and keep your financial house in order. If you have any questions or need assistance, please do not hesitate to reach out. We are here to help!

Source: https://www.irs.gov/newsroom/oct-16-tax-filing-extension-deadline-nears-for-millions-of-taxpayers