October 15 is the final filing deadline

If you requested a six-month extension to file your 2013 individual income tax return, you face a major deadline on October 15. That’s the final date for filing your 2013 return; the IRS does not give additional extensions except for in very limited cases.

It is important to understand that you should file your tax returns on time even if you can’t pay your tax in full.  The IRS charges a late filing penalty of 5% of the balance due per month up to a maximum of 25%.  On top of this, they also charge late payment penalties along with interest compounded daily.  Each state also has its own schedule of penalties and interest.

Please contact Hawkinson, Muchnick & Associates if you need filing assistance.

Paul A. Hawkinson,CPA, Launches New Website

Paul A. Hawkinson,CPA, Launches New Website

Paul A. Hawkinson, CPA, PC, is excited to announce the launch of our new Web presence. The user-friendly site has a simple, yet dynamic navigation that offers users more information about our services for the Douglasville community.

Being an avid Dave Ramsey fan I encourage you to keep up with Dave’s insight and tax advice by going to http://www.daveramsey.com/articles/article-list/category/lifeandmoney_taxes .

We also hope you’ll sign up for our quarterly newsletter. Please contact us if you have any questions.

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