Posted Monday, December 26, 2022

Please click on the buttons below and complete the following form to provide authorization for us to extend your business and individual tax returns.

Be aware! An extension is an extension to file not to pay. Therefore, if you have a tax liability, it is still due on Tuesday, April 18, 2023 (due to Emancipation Day) for individuals and C corporations, and March 15, 2023 for partnerships and S corporations. We can assist with estimated tax payments if necessary.

All extended business, individual and trust / estate tax returns will be prepared in August or September provided we have everything we need from you. If you need them prepared sooner, please contact us. May, June and July are reserved for 2023 tax planning.

Our turnaround time increases to 12-15 days during the off-season to accommodate for mental breaks and vacations. So! If you are extending your pass-thru entity such as a partnership (Form 1065) or an S corporation (Form 1120S), or your trust or estate tax return (Form 1041) then you will also need to extend your individual tax returns (Form 1040). Recall that a pass-thru entity tax return and a trust / estate tax return creates a K-1 which must be reported on all recipients’ individual tax returns. Therefore pass-thru entity and trust / estate tax returns must be prepared and filed first.

The button below provides instructions for calculating an extension tax payment to minimize penalties and interest for underpayment.