Today is the last day to file your 1040 Tax Return

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Today is the final day to file 2020 tax returns. People who asked for an extension but have not filed their 1040 tax return MUST file today to avoid the penalty for filing late.

If you have not filed your taxes, we recommend that you get in touch with your accountant and ensure that your taxes are filed IMMEDIATELY.

According to the IRS “There is usually no penalty for failure to file if the taxpayer is due a refund. [But] those who have yet to file a 2020 tax return, owe tax and did not request an extension can generally avoid additional penalties and interest by filing the return as soon as possible and paying any taxes owed.”