NASE News

On Tax Day, NASE Offers Last-Minute Tax Filing Advice, including Filing an Extension

FOR IMMEDIATE RELEASE:
CONTACT:  Kristofer Eisenla, LUNA+EISENLA media
kristofer@lunaeisenlamedia.com | 202-670-5747 (mobile)

National Association for the Self-Employed Offers Last-Minute Tax Filing Advice for Small Businesses

Encourages Business Owners to File an Extension if Unable to Meet Monday’s Midnight Deadline

DALLAS, TX – With the 2018 tax filing deadline approaching tonight at midnight, the National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, is encouraging small business owners who have yet to file to capitalize on these last remaining hours – and file a last-minute extension if necessary.

“With tonight’s midnight deadline to file 2018 tax returns, millions of Americans – including the small business community – can benefit from the new tax code system that includes both a lower individual rate and increased standard deduction,” said Keith Hall, President and CEO of NASE.

Taxpayers have until midnight on Monday, April 15th to file their 2018 tax returns.  If more time is needed, NASE is encouraging business owners and entrepreneurs to file an extension if they are unable to meet the deadline.

“If you still need more time, file a last-minute extension,” warned Hall.

Many updates to this year’s new tax code are in full effect for the first time and Hall recently pointed out in a guest commentary for FoxBusiness.com that, “most Americans – including the small business community – are understandable apprehensive about how the revised tax code will impact their returns this year.”

However, Hall continues in the op-ed to point out that, Despite this anxiety, the overwhelming majority of small businesses and self-employed entrepreneurs can expect to benefit from key changes and updates to the tax code that will help save both time and money.”

Hall offers this last-minute advice to those small business owners and entrepreneurs who have yet to file their returns, “As you prepare to file your returns, think about hidden deductions and updates to the tax code that might help you. Don’t leave anything on the table; find and use these key policy changes to work for you such as an update to the mileage reimbursement and a standard deduction available for home offices.”

To speak with NASE President and CEO Keith Hall, a certified tax accountant, please contact Kristofer Eisenla, LUNA+EISENLA media, atKristofer@lunaeisenlamedia.com

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The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.

The NASE Next Biz Thing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’sAsk the Experts for advice or the NASE Minute for small business support.

The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org
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