If you have a business and are not ready by next monday – April 18, you should file your extension. However, keep in mind your tax is still by 18 so you should estimate your tax liability based on your 2009 taxes. Havent filed your 2009 taxes. See earlier blog.
1rst Qtr 2011 – How are we doing?
A tax season is ending in 3 days and 2011 is already in 2nd quarter. Do you know how you are doing??? Get a good feel for your business and check your receivables and payables. Perhaps it is time to enlist help . Call now.
Tax Season Over??
Not if you havent filed yet and there are thousands that havent. File now and minimize interest and penalties. Havent filed for many yearss??? No problem., Ask us how to get compliant.
Old taxes returns not filed?
Yes there are taxpayers that havent filed old returns. If you fit into this category , there is no need to be worried —yet… Get control of your taxes. Get a review of your tax history to insure there are no areas of concern looming . No need to have surprise IRS audit. Inquire at website.
Too much withholding ?? What to do
More than 26 weeks of year have passed and I know you are not thinking about doing your tax return. But think of this……….would you rather have a large refund or large payment from IRS. Most of you might say large refund. There are several problems with this. One, the IRS uses your money throughout the year. Second, you are paying interest( if you are average american with credit card debt) on that money. Finally, you have a vacation spent already for many tax bills that come up at year end. What to do? Read enclosed link.https://mail.google.com/mail/?hl=en&shva=1#label/Tax+Tips/1313cef64e3d5281