TAX TIP OF THE DAY... What to do? out of time.
Don't stress. Sometimes April 15th is just not convenient. Other times you are missing a W-2, K-1 or mortgage 1098 statement.
NO PROBLEM. Get a deadline EXTENSION until October 15th by filing IRS form 4868 by 04/18/16. The federal extension is automatically valid for PA and Local too.
What you need to know..,
The extension prevents late filing penalties. But you will still have late payment penalties (interest equivalent charges) if you owe when you finally due file. So you may choose to remit a payment with your extension form.
SHARE WITH A FRIEND.
If you need an extension... www.baboiancpa.com