Business Advisory Services
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.
Everything you need from tax return preparation for your small business to your rental to your corporation is here.
WCG’s primary objective is to help you to feel comfortable about engaging with us
By Jason Watson (Google+)
Taxpayers claiming the exclusion of foreign income are automatically given an extension until June 15 (60 days after the typical tax return deadline). However, we always suggest a traditional extension to October 15. Be aware, however, there are interest and penalties on late payments (only if you owe taxes) that may still be imposed-
Filing Deadline | Interest | Penalties |
April 15 | No | No |
June 15 | Yes | No |
October 15 | Yes | Yes |
Caution: Several states do not grant the automatic extension for foreign earned income exclusion taxpayers that the IRS does, nor do some states even honor or acknowledge the exclusion. On top of that, several taxpayers need to wait until mid-year to file their tax returns to qualify for the exclusion- so we typically will prepare tax returns ahead of time to see if you will owe taxes. If you do, we file an extension, you pay your taxes on time, and then we file your tax returns with the exclusion. This is ideal.
Everything you need to help you launch your new business entity from business entity selection to multiple-entity business structures.
Designed for rental property owners where WCG CPAs & Advisors supports you as your real estate CPA.
Everything you need from tax return preparation for your small business to your rental to your corporation is here.
WCG’s primary objective is to help you to feel comfortable about engaging with us