Discussion:Tax Return filings that are close to the extension due date

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

(Difference between revisions)
Jump to: navigation, search

Www.cpa1.biz (Talk | contribs)
(New Discussion)
Next diff →

Revision as of 17:46, 8 June 2009

Discussion Forum Index --> Basic Tax Questions --> Tax Return filings that are close to the extension due date
Discussion Forum Index --> Tax Questions --> Tax Return filings that are close to the extension due date

Www.cpa1.biz (talk|edits) said:

8 June 2009
Members,

I usually get a few new clients during the time that their tax return is close to the extension due date. A lot of the times, these are sole prop businesses and I don’t have all of their paperwork to estimate taxes owed. To avoid paying late filing penalties, is it worth filing a tax return that's numbers are not so accurate. Once we get all of the information that we need to wrap up the return, then we file an amended return.

Or do you recommend overpaying what you think will be owed for taxes and then filing once you get all of the information?

Please inform me what you usually do.

Thanks.

Retrieved from "http://www.taxalmanac.org/index.php/Discussion:Tax_Return_filings_that_are_close_to_the_extension_due_date"