With today being March 26, there are only 20 days left to make a timely filing of your individual tax returns. This also means only 20 days to make any late contributions to your IRA for the 2014 tax year.

With all of the recent changes in the tax code (some related to Obamacare, and others just to tax changes by Congress), I can honestly say that I am not sad to see this season go.

If you have not had your return prepared, then get on the ball and call your tax preparer. If you need more time, then you can file for an automatic extension of time to file, but that is not an automatic extension of time to pay.
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If you feel that you will owe money this year (I’m looking at you farmers and ranchers that received large LFP payments this year), then you should still make an estimated payment on your 2014 taxes because amounts owed will incur penalties and interest from April 15.

If I can help in any way, I will gladly do my best. Your friendly, neighborhood estate planning attorney is on the job.