Business Videos

📘 Tax Return Due Dates and Extensions — Enrolled Agent (EA) | CPA Exam (REG)

The video explains the April 15 filing deadline, how it moves when it falls on a weekend or legal holiday, and the options taxpayers have when they need more time. Professor Farhat outlines the mailbox rule—postmarks dated by April 15 count as timely—even if the IRS receives the return later, and describes electronic filing timestamps. He advises using certified mail or counter‑stamped postmarks after the 2025 USPS rule change, and details how to handle e‑file rejections by switching to paper filing. Illustrative cases include Marcus, whose return was rejected due to a duplicate SSN, requiring a paper filing with certified mail, and Elena, an out‑of‑state partner affected by a federal disaster, showing how disaster relief can suspend both filing and payment deadlines. The guidance is crucial for taxpayers, enrolled agents, and CPA candidates to avoid late‑filing penalties, understand that extensions (Form 4868) do not extend payment obligations, and recognize special disaster provisions that can waive interest and penalties.