Newburg | CPA News Brief

March 7, 2023

The tax filing deadline for Individuals, C Corporations, and most Trusts is quickly approaching.

Please note that Newburg | CPA is working expediently on the returns for those clients who have already provided the materials to complete the preparation of their tax returns. If you have not submitted your information, please forward it to us as soon as possible.

We will work towards the completion of returns by the deadline for those who are able to get us their complete tax materials by Friday, March 24th. If you are unable to get us your complete tax materials by Friday, March 24th, you should expect to have your returns put on extension.

For individual taxpayers, please note that an extension of time to file a tax return is NOT an extension of time to pay the tax due with the return. Failure to pay in the appropriate tax with the extension could result in penalties and related interest due to the respective taxing authorities.

For Individuals and C Corporations, an extension moves the filing due date to October 17th. For most Trusts, it will extend the filing due date to September 30th.

Please contact us at should you have any questions related to the timing of your 2022 tax returns.

Newburg | CPA

Newburg CPA, a Boston-based accounting firm can assist you. Contact us if you have questions.