While most taxpayers have long since filed their 2003 federal income tax returns, the Internal Revenue service is reminding more than a million taxpayers that the October 15 extended deadline is drawing ever closer.
The IRS points out that taxpayers missing the October deadline face penalties of 5% per month of the unpaid tax.
More than 2 million tax returns were filed with the IRS in October 2003.
Taxpayers retain the option of filing electronically until October 15 and some may be able to file for free through the free file program. Taxpayers may also use tax software on their own computers or e-file through an authorized provider.
However, there are many taxpayers in presidentially declared disaster areas who have been granted additional time to file their tax returns. These extensions affect taxpayers in parts of Alabama, Florida, Georgia, Louisiana, Mississippi, Pennsylvania, North Carolina, Ohio and Virginia.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment