What to Do If You Miss Tax Day
Tax day is April 15 this year, and that date is fast approaching. If you’re reading this after April 15 and you haven’t yet filed your taxes, there are steps you can take.
Keep reading to learn about what to do if you miss the tax deadline. Filing taxes can be stressful, but it doesn’t have to be. You can work with a Weslaco tax accountant to ease your tax filing process, whether you’re early or late.
Key Takeaways
- Tax day is April 15, 2026.
- If you missed the deadline to file, you should still file your taxes as soon as possible.
- If you’re within a few days of the filing deadline, you may be able to request an extension.
- Even if you can’t pay in full, you should pay what you can.
- You can work with the Internal Revenue Service (IRS) to set up a payment plan.
What to Do If You Missed the Tax Deadline: File ASAP
The first thing you should do if you missed the April 15 tax deadline for 2026 is to go ahead and file as soon as possible. While filing late can lead to a reduced tax refund or other penalties, by filing as soon as you can, you may be able to minimize or avoid those penalties. You may be able to handle filing on your own, but if you need assistance, you can count on Gonzalez Arrambide, Inc. for reliable service.
Keep in mind that there may be some exceptions to the tax deadline. To learn more, you can check out the IRS’s most recent guide on the topic.
Requesting a FIling Extension
If you’re just past the deadline, you may be able to file an extension request. The deadline to request an extension is April 15, 2026. Of course, that’s just one day later than the deadline itself, so it’s a very narrow window. If you need assistance requesting an extension quickly, be sure to reach out to a capable tax accountant.
What to Do If You Owe Taxes: Pay What You Can
If you owe taxes and you missed the deadline, there’s two things to know about: what to do, and what will happen. First, regarding what to do, you should pay what you can towards what you can, as soon as you can. We’ll talk more about setting up a payment plan for the remainder of your tax burden below.
Regarding what will happen, the IRS charges interest on late tax payments, with that interest adding up quickly. You may be able to file a request for administrative relief to avoid those penalties, but only some applicants will be eligible. As we’ve explained throughout, a great source for assistance with handling this sort of paperwork is a tax professional like Gonzalez & Arrambide, Inc.
Setting Up an IRS Payment Plan
If it’s past the tax deadline and you can’t pay what you owe, or you know from before the deadline that you won’t be able to make the required payments in time, you can set up a payment plan with the IRS. There are two options, short-term and long-term plans, with long-term plans coming with considerable set-up costs. If you need help determining a realistic payment plan and applying for it with the IRS, we can help. Get in touch with our Weslaco tax accountants to learn more.
File Your Taxes the Easy Way With a Weslaco Tax Accountant
Whether you’re filing early, just in time, or well-past late, a tax accountant can help you ensure you’re taking the right steps. With the right paperwork and IRS negotiation, you can minimize what you owe, and your any penalties for late filing.
If you need capable tax filing assistance in Weslaco, you can count on Gonzalez & Arrambide, Inc. Our Weslaco CPAs have extensive experience with tax planning and filing, and we’re ready to help you get your taxes done right, for you.
