Read about virtual currency transactions and filing income tax returns.
File your 2025 income tax returns on or before April 15, 2026!
April 15, 2026 – Filing Deadline!
Filing Late?
The penalty for late filing is 5 percent of the amount due each month, and the penalty for failure to pay is 0.5 percent a month, maxing out at 25 percent a year. (When both penalties are levied in the same month, the total penalty is 5 percent a month: 4.5 percent for failure to file and 0.5 percent for failure to pay.) Interest also accrues, at a current rate of 8 percent.
MARCH- Last month to prepare your tax returns!
March is the last full month of the tax-filing season, so that’s a good reason to contact us right away to help you submit your tax returns on time!. The first thing to attack is the gathering of all the tax statements you’ll need to fill out your 2025 return. This includes the paper ones that you stuck in a drawer when they arrived last month. Find them now, as well as download those that are delivered that way. Call or email us now to schedule your appointment.