If you filed for an extension for your 2025 tax return, it is almost due. It is time to gather your documents and head to your tax preparer to ensure your tax return is filed before the extension due date.
If you were not able to complete your 2025 tax return before the regular due date of April 15th (or March 15th for corporations), you need to file an extension to give yourself an extra six months to complete your filing. This means that your tax return will be due by October 15th (or September 15th for corporations).
What You Need To File
It is best to give yourself as much time as possible to get everything you need ready to take care of your income tax filing. This can be helpful if you end up needing more information or have to request documents from employers or agencies that you didn’t expect.
Be sure when you go to file your tax that you bring proper identification. This includes a regular ID such as a driver’s license or state ID, as well as your Social Security Card. You will want to be sure that you have proper identification for everyone on the file, including spouses and dependents claimed (birth certificates work as well for dependents who do not have ID).
The next thing you will want to bring is your tax documents. This includes documents for your work such as a W2 or a 1099, as well as other tax documents for things like mortgage interest or retirement distributions (1098) or healthcare documents such as a 1095.
Lastly, you will want to bring any other evidence you have to support your return. This includes proof that you provide for your dependents, proof of expenses for business or self-employment income, etc. Also, if you plan to itemize your return, you will want to bring receipts for expenses like property tax and out-of-pocket medical expenses.
Why It’s Important To File On Time
Filing on time can be difficult when you are missing documents or have a busy schedule during the limited tax season before the regular due date. However, it is important that you file your taxes as soon as you can to avoid penalties that the IRS will charge for late filings.
The IRS charges two kinds of additional fees related to filing your return on time. Firstly, if you file late without any extension filed, you will incur the IRS calls penalties which are flat fees that are charged for having filed late.
The second is known as interest, which will accrue whether or not you file an extension until the amount is paid. The IRS charges a percentage continually on any amount due until it is paid.
Come File Today!
Whether you filed an extension or not, it is important to complete your tax filing as soon as possible. Come by our office or reach out to us to complete your tax filing before the due date and make sure you don’t incur any more fees.
While you are here, we also offer bookkeeping and payroll services for business, have a Texas notary public, can help you open your own business, and more!
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