KNOW YOUR DEADLINES AND AVOID IRS PENALTIES
One of the easiest ways to avoid IRS problems is knowing and meeting your tax deadlines. At Abibianos Inc. we want to help you stay current with your tax obligations.
IMPORTANT DATES
JANUARY
- January 15 — Last quarterly estimated tax payment
APRIL
- April 15 — Individual tax return filing deadline
- April 15 — First quarterly estimated tax payment
JUNE
- June 15 — Second quarterly estimated tax payment
SEPTEMBER
- September 15 — Third quarterly estimated tax payment
OCTOBER
- October 15 — Extended deadline for individual tax returns
DECEMBER
- December 31 — Último día para contribuciones a cuentas de retiro
WHAT HAPPENS IF YOU DON'T PAY ON TIME?
The IRS applies two types of penalties:
- FAILURE TO FILE PENALTY
5% of the unpaid tax for each month of delay up to a maximum of 25% - FAILURE TO PAY PENALTY
0.5% of the unpaid tax for each month up to a maximum of 25%
Additionally, daily interest accrues on any unpaid balance.
BENEFITS OF PAYING ON TIME
- Avoid penalties and interest
- Maintain a good standing with the IRS
- Reduce your risk of an audit
- Protect your tax record
- Avoid wage garnishments and bank levies
DO YOU ALREADY OWE THE IRS?
If you already have unpaid IRS debt, don't panic — there are tax relief programs that can help you resolve your situation.
At Abibianos Inc. we review your case and walk you through the best options available for your situation.
📞 (214) 391 2230
📧 mb@ABibianos.com