It’s early June and I bet you’re in one of two camps. Either you filed your Form 1040 by April 15, 2019 and don’t want to think about taxes until next January. Or, you extended your Form 1040 by April 15, 2019, and you don’t want to think about taxes until the extended deadline of […]
How to calculate & make the 2nd Quarter Estimated Tax Payment due June 17, 2019 Read More »
Today we’re going to look at the kinds of things a business owner should know and keep track of for tax purposes. What can a business owner learn from Tyrion Lannister and why is it important to emulate one of his characteristics? I’ll admit to being a big fan of Tyrion but I’m not a
Why a business owner has to be like Tyrion Lannister Read More »
If you’re under the gun to get your Texas Franchise Tax Returns filed on time, the Texas Comptroller has granted a penalty waiver for tax prepares who use the Wolters Kluwer CCH programs. This is all because of the “service interruption” they experienced for most of last week. In order to help spread the word,
5/14/2019 8:00 AM CDT – Kay Bell (@TaxTweet) has posted that the Texas Comptroller is also waiving penalties on returns filed late within the extra time granted by the IRS. 5/13/2019 6:55PM CDT – Wolters Kluwer CCH has just published the specific instructions for getting extra time to file specific tax returns with the IRS
5/13/2019 – Wolters Kluwer CCH -IMPORTANT UPDATE: IRS Extension Instructions Read More »
NOTE: I’ll be adding to this post as the day goes on with any updates that I hear about related to the Wolters Kluwer CCH issues from last week. UPDATE 5/13/2019 6:50 PM CDT – I finally received the official instructions from CCH on filing certain tax returns with the IRS after the May 15,
5/13/2019 – Wolters Kluwer CCH Service Interruption updates Read More »
UPDATE 5/13/2019 6:50 PM CDT – I finally received the official instructions from CCH on filing certain tax returns with the IRS after the May 15, 2019 deadline within the additional time until May 22, 2019. Those instructions are very long and specific so I have included them on a separate post instead of on
5/11/2019 – Wolters Kluwer CCH – Important update on Service Interruptions Read More »
UPDATE 5/13/2019 6:50 PM CDT – I finally received the official instructions from CCH on filing certain tax returns with the IRS after the May 15, 2019 deadline within the additional time until May 22, 2019. Those instructions are very long and specific so I have included them on a separate post instead of on
5/9/2019 – Update #2 from Wolters Kluwer CCH Network & Service Interruptions Read More »
UPDATE 5/13/2019 6:50 PM CDT – I finally received the official instructions from CCH on filing certain tax returns with the IRS after the May 15, 2019 deadline within the additional time until May 22, 2019. Those instructions are very long and specific so I have included them on a separate post instead of on
05/09/2019 Wolters Kluwer Network & Service Interruptions Update Read More »
Note for 2022 Texas Franchise Tax Reports – these are the reports for the calendar year ended on December 31, 2021 and other fiscal years that ended during 2021 -There is no change to the deadline like there have been for the past 2 years. The deadline is Monday, May 16, 2022. Well, it’s time
Texas Franchise Tax Report – Report Year and Accounting Period explained Read More »
The myth that filing an extension increases your risk of an IRS audit has been around for as long as I’ve been working in the tax field. There is no truth to this myth.
How & Why to Extend Your 2018 Form 1040 Read More »