This is the final due date for individuals to file their individual income tax return if they have an automatic six-month extension for 2017 returns. They also need to pay any tax, interest and penalties due.
October 15th is also the due date to file a 2017 calendar year C-Corporation income tax return and pay any tax, interest and penalties due if you were given an automatic 6-month extension.
We will be taking a one week break next week and will return on Tuesday, October 9th with a new edition of Tax Tip Tuesday.
Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.