Reported about 11 hours ago
The deadline for filing taxes for the 2024 season is approaching on October 15, and tax attorney Andrew Gordon advises that taxpayers should file even if they can't pay or aren't sure how much they owe to avoid severe penalties. He recommends filing with an estimate if necessary, noting that the penalty for failing to file is significantly higher than that for failing to pay. For those looking to manage future tax liabilities, he suggests making quarterly estimated payments to ease financial pressure during tax season.
Source: YAHOO