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May 6, 2024 · The annual filing due date for certain returns filed by tax-exempt organizations is normally by the 15th day of the 5th month after the end of an organization's accounting period. Those operating on a calendar year (CY) basis must file a return by May 15.
May 20, 2024 · There is usually no failure-to-file penalty if your late tax return results in a refund. But if you have a filing obligation, you should still plan to file as soon as possible to recoup...
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May 20, 2024 · Any taxpayer who has not filed their federal income tax return by the due date — for most years, it's April 15 — is subject to the Failure to File penalty. If you file after that date, you will be subject to a late filing penalty.
May 20, 2024 · Key Takeaways. If you need more time to prepare your tax return, you can file Form 4868 electronically or on paper by April 15 (or the next business day if it falls on a weekend or holiday) for an extension to file your taxes by October 15.
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6 days ago · The late filing penalty is 5% of the unpaid taxes for each month or part of a month that the return is late. The failure-to-pay penalty is 0.5% for the unpaid amount, up to a maximum of 25% of the unpaid taxes. There may also be interest charges on the unpaid tax balance. This is based on the federal short-term rate plus 3% and adjusted quarterly.
May 22, 2024 · If you got a tax extension this year, it means you have until Oct. 15 to file your 2023 taxes without having to worry about a failure-to-file penalty. But if you owe the IRS money from...
May 23, 2024 · IR-2024-146, May 23, 2024. WASHINGTON — The Internal Revenue Service today reminded individuals and businesses in parts of seven states that their 2023 federal income tax returns and tax payments are due on Monday, June 17, 2024.
