Common use of Extensions of Time to File Tax Returns Clause in Contracts

Extensions of Time to File Tax Returns. The original filing due date for your tax returns is April 15, 2020. Due to the high volume of tax returns prepared by our firm, all the information needed to complete the tax returns must be received by no later than March 15, 2020, so the returns may be completed by the original due date. It may become necessary to apply for an extension of the filing deadline if there are unresolved issues or delays in processing, or if we do not receive all of the necessary information from you on a timely basis. Applying for an extension of time to file may extend the time available for a governmental agency to undertake an audit of your returns or may extend the statute of limitations to file a legal suit. All taxes owed are due by the original filing due date. Additionally, extensions may affect your liability for penalties and interest or compliance with governmental or other deadlines. If you know that you want us to submit applications for extensions of time to file tax returns on your behalf, you can indicate such here in writing or in the notes portion of this letter below. We are available to discuss this matter with you at your request. Additional charges will apply for such services.

Appears in 1 contract

Sources: Engagement Agreement

Extensions of Time to File Tax Returns. The original filing due date for your tax returns return is April 15, 20202022. Due to the high volume of tax returns prepared by our firm, all the information needed to complete the tax returns must be received by no later than March 151, 2020, 2022 so that the returns may be completed by the original filing due date. It may become necessary to apply for an extension of the filing deadline if there are unresolved issues or delays in processing, or if we do not receive all of the necessary information from you on a timely basis. Applying for an extension of time to file may extend the time available for a governmental government agency to undertake an audit of your returns return or may extend the statute of limitations to file a legal suitaction. All taxes owed are due by the original filing due date. Additionally, extensions may affect your liability for penalties and interest or compliance with governmental or other deadlinesotherdeadlines. If To the extent you know that you want us wish to submit applications engage our firm to apply for extensions of time to file tax returns on your behalf, you can indicate such here in writing must notify us of this request by phone, email or in writing. There is an authorization you can initial at the notes portion end of this letter belowletter. We are available In some cases, your signature may be needed on certain extension applications prior to discuss this matter with you at your requestfiling. Additional charges will apply Failure to timely request an extension of time to file can result in penalties for such servicesfailure to file tax returns, which accrue from the original due date of the returns and can be substantial.

Appears in 1 contract

Sources: Tax Preparation Agreement