Tag Archives: tax planning

Hey, why do I have a penalty if I filed an extension?

tax penalty, file extension

Have you ever filed an extension for your tax return but still received a penalty from the IRS? Well, you’re certainly not the first to assume that filing an extension prevented a penalty. It’s particularly frustrating if you thought you were playing by the administrative rules. Being on top of your admin and your finances […]

Why a mid-year tax check in is a ‘must have’ for your business.

Basing your tax return on government estimates can cost you in more ways than one Being a business owner is an incredible achievement. Whether you’re a freelancer,  self-employed or have a team of employees—serious kudos for making your skills pay. We’re willing to bet that if you’ve made a business out of it, then you […]