Businesses and individuals now will have until July 15 to file and pay their taxes. This means that you have an additional three months to plan and prepare your returns without having to incur penalties or interest on up to $1 million in tax owed. Businesses will have the same time period to pay amounts due on up to $10 million in tax owed.
The attached checklists are a great resource to help you think through the best way to manage your tax obligation. Whether you are an individual or own a small business , your OFP attorney is available to help you sort through your tax responsibilities.
For more information, contact OFP Shareholder Catherine Schott Murray at 703-218-2100 or via email at [email protected].
Disclaimer: The information contained herein is provided for informational purposes only and should not be construed as legal advice on any subject matter. This information contained herein is not provided in the course of an attorney-client relationship and is not intended to constitute legal advice. Any information contained in this article is not intended to be a substitute for legal counsel. No one should act or refrain from acting on the basis of any content included in this article but should instead seek the appropriate legal advice on the particular facts and circumstances at issue from a properly licensed attorney. The author expressly disclaims all liability in respect to actions taken or not taken based on any of the contents of this article. This article contains general information and may not reflect current legal developments.