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If you can’t file your 2012 tax return by the April 15 deadline, file for an extension to get until October 15, 2013, to file. You can request the extension on paper, by phone, or online. You don’t need to explain why you want more time. Be aware that an extension just gives you more time to file; it does not give you more time to pay taxes due for 2012.
With questions or for assistance in filing your extension, please contact Simons Bitzer at (317) 782-3070.
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The Bipartisan Budget Act signed into law in 2015 and effective for partnership returns filed for taxable years beginning after 2017 has significant impacts on partnership audits. Most notably that audit adjustments are to be recognized in the year an audit is...
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