Myth- Extensions give you more time to pay. Fact- Extensions only apply to filing; monies will still have to be paid at the filing deadline date. Don’t wait until the last minute- get your info in early!
A Common Mistake-
Forgetting to report all income. People often forget to report side-gigs, and then have the extra time and expense incurred to amend the tax return. Make sure you include all sources of income and if in doubt ask us- we will help you stay compliant!
Tip- Filing early means faster refunds and fewer errors. Think about it- if you are rushing around last minute to get your documents together, you’re way more likely to miss something important. The earlier you can get your info turned in the more accurate you will be. Also, earlier returns get faster refunds! Get in touch with us today to beat the rush!
