BECKLEY, WV (WOAY) – If you didn’t file your taxes before midnight last night, you’re officially late.
Tax preparer Tony Martin wasn’t surprised so many people waited last minute to file, and chances are, some didn’t file at all.
Filing late has no penalty if the IRS owes you, but if you owed for this year’s taxes, you’ll have to pay extra for missing the deadline. Martin says it’s best to get that taken care of sooner rather than later to avoid more fees.
“If you owe a balance, then file immediately, as soon as you can, so we limit your penalties,” said Martin with TR Tax. “The further out you go from that due date, the more those penalties increase.”
If you’re feeling overwhelmed by filing late, call the IRS or a local tax professional for guidance.