Tax deadline one month away, are you ready?

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OCEAN CITY, Md. – We’re now less than a month away from the revised tax deadline and experts say although July 15th might still seem far away it’ll be here before you know it. Experts tell 47 ABC that if you have a simple tax return, get to it. And if you’re not sure how to get started, accounting experts at CG Accounting Group in Ocean City say they’re happy to help. It’s also good to call around to organizations that are offering free tax return help as well.
Experts add that if you’re just getting around to filing your taxes now, it might actually be a good thing because it could help you prepare for next year’s tax season.

“One of the good things about a July 15th deadline is knowing that half of the year has already passed and that you can also see the end of the year to plan forward and help prepared this year as well for tax purposes,” said Phillip Cheung, Partner at CG Accounting Group LLC.

Experts also add that If you’ve already received your coronavirus relief payment, filing your 2019 taxes won’t impact it even if your income has fluctuated since you filed your 2018 return.

Categories: Local News, Maryland