Extended Individual Tax Return Deadline October 15th
If you haven't filed your 2007 Individual Income Tax Return yet, you must get it filed by October 15th. If you don't file by the deadline, then you will lose the economic stimulus payment that you are entitled to. Please read the srticle in this newsletter to learn more about the economic stimulus payment. This is your last chance to file and receive the payment from the government. If you need to file you return, then please contact us as soon as possible and we will get the return filed by the deadline and ensure you get the refund from the government.
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You must file a return by October 15th to receive a payment prior to year's end. It can take up to eight weeks for the IRS to process the return and issue the check.
People who have no tax filing requirement but have at least $3,000 in qualifying income should file a simple Form 1040A to claim the minimum payment of $300 ($600 for married couples) plus the $300 payment for each qualifying child younger than 17 as of Dec. 31, 2007. Qualifying income includes any combination of earned income, nontaxable combat pay as well as certain payments from the Social Security Administration, Department of Veterans' Affairs and the Railroad Retirement Board. Read more... |