Tax Deadline Alert: October 15th Final Extension Deadline Approaching

 

As we near the extended tax filing deadline, Sai CPA Services wants to ensure all taxpayers are well-prepared and informed. The October 15th, 2024 deadline is quickly approaching for all extended tax returns, and it's crucial to act now to avoid potential penalties. 



Who Needs to File by October 15th? 

  • Individual taxpayers who filed for an extension on their Form 1040 

  • Estates and trusts with extended Form 1041 returns 

  • C-Corporations with pending Form 1120 submissions 

Important Considerations: 

  1. Final Deadline: Unlike the initial April deadline, October 15th is the final extension deadline. No additional extensions are available for personal returns. 

  1. Payment Status: Remember that while you received an extension to file, any taxes owed were still due by the original deadline. Additional interest and penalties may have accrued if payment wasn't made by then. 

  1. Documentation Required: Ensure you have all necessary documents:  

  1. W-2 forms 

  1. 1099 statements 

  1. Business income records 

  1. Deductible expense receipts 

  1. Investment statements 

Why Choose Sai CPA Services? 

As your trusted neighborhood CPA, we offer: 

  • Expert tax preparation 

  • Last-minute filing assistance 

  • Professional review of your tax documents 

  • Strategic tax planning for future years 

  • Year-round financial advisory services 

Don't Risk Late Filing Penalties! 

The IRS imposes significant penalties for late filing: 

  • Up to 5% of unpaid taxes for each month your return is late 

  • Maximum penalty of 25% of your unpaid taxes 

  • Additional interest charges on unpaid tax amounts 

Take Action Now 

Don't let the October 15th deadline catch you unprepared. Sai CPA Services is ready to assist with your: 

  • Personal tax returns 

  • Estate and trust filings 

  • Corporate tax submissions 

Remember, proper tax compliance is not just about meeting deadlines—it's about ensuring your financial well-being. Let Sai CPA Services be your partner in achieving your financial goals through expert tax management and planning. 

Act Today for Peace of Mind Tomorrow! 

Disclaimer: This notice serves as a general reminder and may not apply to all tax situations. Please consult with our tax professionals for advice specific to your circumstances. 

Contact us to transform your financial future:  

Facebook: AjayKCPA 
Instagram: sai_cpa_services 
Twitter: SaiCPA 
LinkedIn: Sai CPA Services 
WhatsApp: Sai CPA Channel 
Phone: (908) 380-6876 

    (908) 888-8900 

📍 1 Auer Ct, East Brunswick, 
NJ 08816 

 


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