It’s July? Already?
Wednesday, July 15th
is still standing as the final day to file taxes without an extension. There had been rumors about another extension of the tax season, but that was put to rest on Tuesday when the Treasury Department said July 15 was final.
That means that on July 16th, penalties and interest will start to accrue on unpaid taxpayer balances. (The extension deadline of October 15th remains unchanged.) It isn’t too late to reach out to non-returning customers to file current and prior year returns.