2014 IRS Electronic Filing Instructions

Please note: There are still electronic filing restrictions concerning state returns. We’ve had clients miss filing deadlines assuming all of their business returns were electronically filed.

Even though the IRS can accept business tax returns electronically, the State of Indiana cannot. Therefore, to reduce confusion, all business tax returns will be paper filed. This means we will send you copies that have to be signed and mailed.

Here is a reminder of the penalties you will face if you miss the filing deadline of 4.15.14:

  • State of Indiana: One-time $250 fee
  • Federal: $195 per month per shareholder of company

Thanks for paying attention to this important filing information. We look forward to serving you this 2014 tax season. Call or contact us online with any questions.