Need a Reason to File an Extension? Here’s One for You….

A member of the File Later team found this video online today. This is real! CPA’s across the country are going through the same thing right now. Just another reason to extend your tax deadline.

Number 5 of 5 Good Reasons to File a Tax Extension

This is the last in our series of 5 Good Reasons to File a Tax Extension.
REASON #5:
Avoid the rush. Accountants and tax professionals are much busier in April than they are in October. Getting the proper amount of time with an accountant gets harder and harder the longer you wait leading up to April 15. […]

Number 4 of 5 Good Reasons to File a Tax Extension

Today we talk about our fourth of five reasons in our daily series of 5 Good Reason to File a Tax Extension.
REASON #4:
Decrease you chances for being audited. Filing an income tax extension may reduce your chance of audit. IRS auditors have quotas they need to meet every year on the number of returns audited. […]

Number 3 of 5 Good Reasons to File a Tax Extension

We continue our daily series of 5 Good Reason to File a Tax Extension.
REASON #3:
Extra time to get organized. Getting paperwork together to complete your taxes isn’t easy. Organizing that shoebox of W2s, 1099s, mortgage interest statements, and receipts can take longer than you expect. Giving yourself the extra time needed will ensure you’re taxes […]

Number 2 of 5 Good Reasons to File a Tax Extension

Today we continue our daily series of 5 Good Reason to File a Tax Extension. Yesterday we discussed just how easy it is to file a tax extension. Here’s reason #2:
REASON #2:
More time to contribute to savings accounts. For business owners, funding retirement plans such as Simplified Employee Pensions (SEPs) or SIMPLE IRA’s can […]

Number 1 of 5 Good Reasons to File a Tax Extension

We’ve put together a list of 5 Good Reasons to File a Tax Extension. Over the next 5 days we will share one reason per day. Up first today is reason #1:
REASON #1:
Filing a tax extension is easy. Your income tax extension can be filed in less than 10 minutes using an online provider like […]