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Posts Tagged ‘April 15’
Tuesday, July 13th, 2010
It’s mid-summer and I’m here to tell you that if you think that all CPAs are lolling on the beaches, just running out the clock until tax time, you’re gravely mistaken.
CPAs actually work 12 months out of the year, though our press is frequently limited to January 1 through April 15. (And it’s more so toward the latter date than the former!)
If you’ve never worked with a CPA to help plan your business, I encourage you to start now. A well-rounded CPA will be able to guide you through the waters of this strange economic landscape and enable you to make the most of your current financial situation. Together, you’ll be able to tackle each obstacle and uncover each opportunity with panache.
What’s not to like about this kind of partnership?
Best of all, when tax time DOES roll around (and it always happens sooner than you expect, doesn’t it?), you’ll have a CPA on board who can efficiently handle the paperwork associated with your taxes. It’s a win-win!
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FinancialFutureCFO: Protecting your company for the future.
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Tags: 1 April, 12 Months, April 15, Beaches, Clock, CPA, Cpas, Current, Economic Landscape, Financial Situation, January 1, Limited, Mid Summer, Obstacle, Opportunity, Panache, Paperwork, Partnership, Running, Strange, Tax Time
Posted in Change your CPA | No Comments »
Monday, April 5th, 2010
Each day is one last opportunity to get your act together when it comes to filing your tax returns.
To keep you informed (and to give you something to read while you’re on a quick break), here are 6 interesting tax filing tidbits:
1. Can’t pay the taxes you owe? You should still file your tax return. The penalties for filing a late tax return dwarf the penalties for paying the tax return late! (And the IRS will allow you to set up a payment plan, with interest, of course.)
2. If you file for a tax extension, your taxes will be due on October 15th. However, this doesn’t give you carte blanche to wait, especially if you’ll just put off doing your taxes until October 14th!
3. If you keep finding that you cannot pay your taxes, you probably aren’t managing your finances well throughout the year. Contact a CPA or hire a CFO to help you in this area. It’ll make tax time much simpler.
4. Double-check all your information, even if it’s been prepared by a CPA. This includes bank account numbers, social security numbers and math calculations throughout the forms.
5. Don’t forget to sign the return! Many people skip this step… rendering the tax return useless until they get it back and sign it properly!
6. If you owe money, make sure you write your check out to the proper entity. It pays to be diligent!
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FinancialFutureCFO: Protecting your company for the future.
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Tags: April 15, can't pay taxes, CPA, file your return, filing tax returns, filing your returns, hire a CFO, manage your finances, October 15, payment plan, sign tax return, tax extension, tax filing, tax interest, tax penalties, Tax Returns, Tax Time
Posted in Taxes | No Comments »
Thursday, March 11th, 2010
So… it’s almost the middle of March… are your taxes done? Started? Sitting on your desk? Still in your head? (At least on your “to do” list?)
The truth is, many people — even serious, good business people — haven’t really started on their taxes yet.
Ouch, right?
This is the reason CPAs like me plan to work like mad men (and women) during the month of March right up until the April 15th deadline. We know that procrastination is human and to be expected on some level. It’s just part of the job.
With that being said, it’s time to get your taxes done… asap. If you haven’t chosen a CPA yet, I would love to have the opportunity to discuss your needs. Give me a shout out at scott(at)financialfuturecfo(dot)com. I’m never too busy to hear from you!
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FinancialFutureCFO: Protecting your company for the future.
Join FinancialFutureCFO on Twitter.
Tags: April 15, CPA, Cpas, Procrastination, Tax day, tax deadline, Taxes
Posted in Taxes | No Comments »
Monday, March 8th, 2010
If you’re a new business owner, you may have fallen into the trap that leads you to believe your first (or second) year taxes will be “easy” to do. In fact, many sources claim you can simply (and without any accounting understanding) finish them yourself. Or, if you recognize that you DO need help, that you can head to one of those franchise places that promise you easy money on your returns.STOP!
I know that the approaching April 15th deadline may seem taxing (pardon my pun…), but it’s critical to get the help of a knowledgeable CPA. Even if your business opened its doors only last year, you absolutely owe it to yourself and your company to make sure you are doing everything the right way from the get-go.
Would I like to help you? Absolutely! But regardless of whether you choose me or another CPA with small business expertise, I still want you to make this commitment for your future.
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FinancialFutureCFO: Protecting your company for the future.
Join FinancialFutureCFO on Twitter.
Tags: Accounting, April 15, Business Expertise, business owner, CPA, Doors, Easy Money, Franchise, New Business, Promise, Pun, small business, Tax Returns, Taxes, Taxing
Posted in Taxes | No Comments »
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