Remember: An extension to file is not an extension to pay taxes
For most taxpayers (including individual, businesses, and fiduciaries), the filing and payment deadline for their 2019 federal and state tax returns was postponed to July 15. Those who need more time to file beyond the postponed date (July 15) can request an extension to file and must request that extension to file by July 15. The federal extension gives taxpayers until October 15 to file their federal tax return.Taxpayers need to check with their individual state’s laws to determine the effect of an extension. In Arizona, a federal
Continue Reading The Honeymoon is Over – It’s Time to Think Taxes!