Lunchtime Takeaway: Late tax filing

We’re committed to making your practice better, so all this month, we’re delivering you a daily takeaway.

Today’s takeaway is…

Late tax filing

Confusion about the system, lack of organization, procrastination and just plain laziness are among the reasons cited for filing taxes after the deadline, according to stats compiled by TurboTax. People under 25 are most likely to file late, and those who wait tend to spend more on tax preparation services.

Want more? Check out: Tax tardiness: The who, what, and why of late filing

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.