April 15—the annual tax deadline—is Friday. However, contrary to common belief and your day planner, the tax deadline this year is on April 18, 2016. You have three extra days due to Emancipation Day in Washington, D.C. If you’re in Maine and Massachusetts, you’ve got until April 19, potentially.
So, sit back, relax and take an extra three days to complete your taxes. In this month’s newsletter, KRESS Inc. offered tax tips for small business owners and entrepreneurs. We’ve got a few extras for you today, and an infographic to help you as you prepare this year’s taxes and start anticipating next year’s on April 20th.
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HuffPost Business: Tax Tips Before Next Week’s Last-Minute Tax Tips
Gathering all your receipts, finding your itemized deductions and writing the checks for your estimated payments—now’s the moment. And, if you can’t get it done by the 18th, consider filing for an extension.
Efile.com: Tax Day 2016: Due Dates and Filing Deadlines for 2015 Tax Returns
So, is the 18th the last day to file? As most business owners (and the others who owe taxes) know, there is a bit of leeway if you file the right paperwork. Here’s a full list of all the tax deadlines and the paperwork required to get there.