Strategic Tax Tips - March 27, 2018

By Colleen M. Henes, CFP®, JD
Financial Advisor, Advanced Planning

March 27, 2018

Are you afraid that your tax preparer may file an extension for your taxes? Don’t be! Extensions are quite common and can be requested for any reason (in fact, you don’t even have to give a reason). An extension will ensure you have all the information you need for your returns while also taking advantage of potential tax law changes that might be made after the April deadline, without the added time and expense of filing an amendment. Just remember: while an extension will give you extra time to file your returns, it does not extend the time you have to pay any tax due! All trust, estate, and individual income tax payments are due April 17, 2018.

Unless otherwise expressly indicated, the opinions or views expressed in this article are the author's own and do not reflect, and may differ from, the opinions or views of Strategic Financial Group, LLC or others within Strategic Financial Group, LLC, including its officers, managers, owners, employees or other service providers.