This year’s 1040 deadline was extended from April 15th to July 15th, and it’s approaching fast. If you haven’t yet gotten your tax documents to your tax preparer, you may want to think about getting them in or asking your tax preparer to file an extension for you.
Even if you can’t pay your tax return, it’s still recommended that you file by the deadline. There is an additional tax penalty for failing to file a required tax return, which can add up to as much as 25% of your unpaid tax! Filing the return is an easy way to reduce the overall total that you will owe in penalty and interest.
If you are looking for a 1040 tax preparer, Clergy Financial Resources is still accepting new clients. Visit our website at https://www.clergytaxnet.com/services/clergy-tax-preparation/ for additional information.
Clergy Financial Resources serves as a resource for clients to help analyze the complexity of clergy tax law, church payroll & HR issues. Our professionals are committed to helping clients stay informed about tax news, developments and trends in various specialty areas.
This article is intended to provide readers with guidance in tax matters. The article does not constitute, and should not be treated as professional advice regarding the use of any particular tax technique. Every effort has been made to assure the accuracy of the information. Clergy Financial Resources and the author do not assume responsibility for any individual’s reliance upon the information provided in the article. Readers should independently verify all information before applying it to a particular fact situation, and should independently determine the impact of any particular tax planning technique. If you are seeking legal advice, you are encouraged to consult an attorney.
For more information or if you need additional assistance, please use the contact information below.
Clergy Financial Resources
11214 86th Avenue N.
Maple Grove, MN 55369
Tel: (763) 425-8778
Fax: (888) 876-5101