Public service announcement: if you’re worried about hitting your US tax filing deadline, you can get an automatic extension for filing through October with approximately 2 minutes of work. This is available every year but might be more salient this year. irs.gov/forms-pubs/ext…
n.b. This does not change the timing of payment obligations.
Also n.b. If you work with a competent accountant they automatically file this every year because it is free option value to do so.
Also n.b. If you work with a competent accountant they automatically file this every year because it is free option value to do so.
I was confused about that the first time an accountant told me they were doing it.
“I’m not doing my job if you ever eat a non-timely filing penalty, plausibly facts will come to light after deadline which might change contents of return and this saves you rework, and...”
“I’m not doing my job if you ever eat a non-timely filing penalty, plausibly facts will come to light after deadline which might change contents of return and this saves you rework, and...”
“... I am a professional service provider with 50 weeks of labor a year whose customers expect utilization in only about 12 of those weeks, so anything I can do to smooth out my utilization makes this a much more sustainable business.
Feel free to keep asking questions.”
Feel free to keep asking questions.”
