Tax day is April 18 this year, so make sure you know what you need to do to not face penalties.... ( read more )
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As tax season approaches, many people have questions about filing their taxes. Part 2 of our series on answering your tax questions will explore topics such as filing extensions, when to itemize deductions, and more. Filing Extensions If you find yourself unable to file your taxes by the April 15 deadline, you can request an extension from the IRS. This extension will give you an additional six months to file your taxes, pushing the deadline to October 15. However, it's important to note that this extension only applies to filing your tax return, not paying any taxes owed. If you owe taxes and do not pay by the April 15 deadline, you may be subject to penalties and interest. To request an exten...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)