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Family-Owned
Since 1993
Located in the historic Delano District, Phelps Tax + Financial is a locally owned business providing tax and financial services to individuals and small businesses.
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What Does An Extension Mean for Me?
- An Extension gives you an extra 6 months to file your Tax Return. (Moving the due date from April to October)
- An Extension eliminates the potential of a late filing penalty assessed by the IRS as long as you file by your extended due date.
- An Extension does *not* change the due date for any tax you owe. The due date is still April 15th this year. (Otherwise, everyone would file one to put off paying)
- If you have a refund when you file your return on an extension, the IRS will pay you interest on your refund from the due date to the date you filed.
- If you have a balance due when you file your return on an extension, the IRS will assess a late payment penalty and interest from the due date to the date you filed.
- We will file your extension for Free. If you expect to owe (and you are able), it is a good idea to pay an estimate of your balance due with your extension filing. Please contact our office prior to your extension filing and we will discuss your payment options.
- We WILL NOT file extensions for non-clients.
- IRS WILL NOT accept requests for extension if you have any unfiled tax returns for previous years.
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Family-Owned
Since 1993
Located in the historic Delano District, Phelps Tax + Financial is a locally owned business providing tax and financial services to individuals and small businesses.
About Us