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Summary of Video
The Tax Extension Deadline Is Coming — Are You Ready?
If you filed a tax extension, time is almost up. Miss the extension deadline, and the IRS starts hitting you with steep penalties—$220 per partner per month for businesses, and up to 5% of unpaid taxes per month for individuals. In this video, Dave Horwedel, CEO of Torchlight Tax, explains:
- The real deadlines for 2025 (including the extra day for partnerships)
- The penalties for missing them
- Why extensions don’t mean you’re off the hook
- How to fix paperwork issues fast—and still file on time Need help?
Torchlight Tax can pull transcripts, handle your bookkeeping, and file your return accurately—but don’t wait until the last minute.
📞 Free consultation: 877-758-7797
📧 info@torchlighttax.com
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