Tax Due Date Is Approaching: What To Do If You Haven’t Filed Your Taxes Yet

Tax season is here, and with the tax due date quickly approaching, it’s time to take action. Whether you’ve been putting it off or life simply got in the way, the IRS doesn’t wait. If you haven’t filed your taxes yet, you might be feeling the pressure—but don’t worry. Sunset Finance is here to guide you through the process, no matter where you are in the filing journey.

Here’s what you need to know, including how to avoid penalties, apply for an extension, and still get your taxes filed—even if you’re running out of time.

Know the Tax Filing Deadline

The official tax filing deadline for most people is April 15. If that day falls on a weekend or holiday, the deadline may shift to the next business day. Make sure you mark your calendar and plan ahead to avoid unnecessary stress or missed deadlines.

Why Filing Late Could Cost You

If you miss the deadline, you might face penalties for late filing or late payment. The IRS can charge you a penalty for not filing your return on time, and if you owe taxes, interest can accumulate on any unpaid amount. The good news? You can still avoid some of these penalties by filing for an extension, but there are a few important things to keep in mind.

What To Do If You Need More Time: Apply for an Extension

If you’re not ready to file by the tax deadline, you can apply for an automatic extension. This gives you an additional six months to file your return, pushing the deadline to October 15.

However, remember—an extension only gives you more time to file, not to pay. If you owe taxes, you’ll still need to make a payment by April 15 to avoid penalties and interest. The IRS will assess interest on any unpaid taxes, so it’s crucial to pay as much as you can by the original deadline.

How to Apply for an Extension:

• Online: The quickest way to apply for an extension is through the IRS website. You can file Form 4868 electronically, which gives you an automatic six-month extension.
  
  
• By Mail: If you prefer paper, you can also mail Form 4868 to the IRS, but keep in mind that this method may take longer.
  
  
• Through Sunset Finance: If you’re unsure how to proceed with applying for an extension, Sunset Finance can guide you through the process. We can help you understand what needs to be filed and ensure you stay compliant with IRS guidelines.
  
  

If You Haven’t Filed Yet, Here’s How to Get Started

If you’re reading this and realizing you’ve missed the tax deadline or are scrambling to file at the last minute, don’t panic! You can still file your taxes and minimize the potential penalties. Here’s a step-by-step guide to help you catch up:

Step 1: Gather Your Documents

Before you do anything, make sure you have all your necessary documents in hand. This includes:

• Income Statements: W-2s, 1099s, and any other forms reporting income you received.
  
  
• Deductions and Credits: Documents related to deductions such as mortgage interest, student loan payments, medical expenses, and donations to charity.
  
  
• Other Tax Forms: If you own a business or have investment income, gather any additional forms like 1098s or 1099-INT.
  
  

Step 2: Get Help Filing

If you’re unsure how to file your taxes or want to ensure everything is done correctly, Sunset Finance is here to help. Our tax professionals will walk you through the process, making sure all forms are completed accurately and filed on time. No matter how complicated your tax situation may be, we’ve got you covered.

Step 3: File as Soon as Possible

Once you’ve gathered your paperwork and have your taxes prepared, file them as soon as possible. The sooner you file, the less you’ll have to pay in penalties. Filing even after the deadline is better than not filing at all!

Step 4: Set Up a Payment Plan (If You Owe Taxes)

If you owe taxes and don’t have the funds to pay them, you can set up a payment plan with the IRS. This allows you to pay your taxes in installments. Be sure to apply for the plan as soon as possible to avoid accumulating additional interest and penalties.

How Sunset Finance Can Help You Get Your Taxes Filed

We understand that tax season can be overwhelming, especially if you haven’t filed yet or are behind on paperwork. At Sunset Finance, we offer professional tax prep services to help you get your taxes filed quickly and accurately—even if you’ve missed the deadline. Here’s how we can support you:

• Expert Tax Preparation: Our tax professionals will guide you through the entire filing process, ensuring that all forms are submitted correctly.
  
  
• Extension Assistance: We can help you file for an extension to buy yourself more time if you’re not ready to file by the deadline.
  
  
• Payment Plan Guidance: If you owe taxes and need help setting up a payment plan, we can help you navigate the process with the IRS.
  
  

Personal Installment Loans: Helping You Cover Unexpected Costs

If you owe taxes or face unexpected expenses and need help covering the costs, personal installment loans from Sunset Finance can provide the financial assistance you need. Unlike credit cards, personal loans offer a structured repayment plan with fixed monthly payments, making it easier to manage your budget and pay down your debt over time.

A personal installment loan can be the ideal solution to cover tax payments, emergency expenses, or other unexpected costs that arise during tax season. If you find yourself needing extra funds, we’re here to help you explore your options.

Take Action and File Your Taxes Now With Sunset Finance

The tax deadline is fast approaching, but it’s not too late to get your taxes filed and avoid penalties. Whether you need an extension, professional help with filing, or financial assistance to pay taxes owed, Sunset Finance is here to support you every step of the way.

Don’t let tax season cause unnecessary stress. Take action now and contact your nearest Sunset Finance or Flight Finance ocation for professional tax prep services and personalized support. We’re here to help you make tax season as easy and stress-free as possible.

*subject to our most liberal credit policies and IRS acceptance of your return.