Good News For Taxpayers!

The Schedule of New Deadlines Dates and Details

On Wednesday, March 17, the IRS announced that Tax Day for taxpayers outside Texas, Louisiana, and Oklahoma is extended to May 17. Here are some key highlights of what you need to know:

To minimize any confusion and avoid receiving unnecessary notices from the IRS about the timeliness of extension payments, our strategy will be to file individual extensions before the original due date of April 15 for all U.S taxpayers regardless of their state residency.

BKM Sowan Horan is committed to our client’s success and will keep you apprised of any further developments with additional alerts. If you need assistance, or have questions about your tax return due dates, or are unsure about when you should submit your estimated tax payments and extension payments, please reach out to a BKM Sowan Horan team member.