Tax and Money Tip of the Week:
Don’t Miss the October 15th Deadline!
October 15, 2014 | No. 205
Today is the deadline.
If you need to file a Form 1040 (individual return), the deadline to file is October 15, 2014. That is today! This assumes you had filed for an extension prior to April 15, 2014.
You also have until today (October 15, 2014) to fund a SEP-IRA for tax year 2013.
As a reminder, putting your tax returns on extension can be a good thing – but penalties to miss the extension deadline can be steep, up to 25% penalty of taxes owed, so make sure that you make the October 15th deadline.
Give us a call if you need help meeting your deadline.
Mark Vitek, CPA/PFS, CFP®
…until next week.