October 15 is the tax filing deadline for people who filed an extension. On this 2-minute episode we will go over the risk of failing to submit your return. - If you miss the October 15 extended deadline and owe the IRS money. the IRS will compile a substitute return for you and then notify you about how much taxes you owe to the federal government. - Once the IRS compiles and notifies you about the substitute return, it will begin collectionactivity against you. But don’t worry, the proposed tax is not final. WYCOTAX can still help & reduce by applying possible credits & deductions. WYCOTAX is here to beat the deadline! For every IRS regulation there are limitations. Thank you for watching. Tune in every Tuesday for more tips! Please Like our Facebook Page: www.facebook.com/wycotax

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