Tuesday Apr 09, 2024

Tax Extensions and Estimated Payments

In this episode we discuss tax extensions and estimated tax payments. The U.S. tax system is a pay as you go system where taxes are owed on earnings as they are earned. The IRS and most States allow you additional time to file your return. Find out when this makes sense and why you may want to extend your return. When you do extend, you must still pay your tax on time.

 

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The CPA Zone podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.

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