Ep30- Extending Your Tax Deadline: Do I Still Have to Pay On Time?
4/4/23 - Extending Your Tax Deadline: Do I Still Have to Pay On Time?
Tax season is almost here, which means one of two things:
You’re all ready to file and pay and move on with life, or (and most likely)
You’re all ready to file an extension and keep working on getting your “tax act” together.
Either way, the bottom line of today’s episode is something we all need to know. I’ll be talking about:
How the IRS defines a tax extension
How penalties work: how much they are and when they start
The best way to pay over time if you don’t have the cash on hand - and how NOT to pay it!
And just for fun, take a look at what a tax return looked like in 1913! Boy, things sure have changed…
Now until next time, may your week be filled with love and profit!
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