EXTENSIONS…Did you know…

“As we’re all well aware of around here, the tax deadline is coming up.  Many taxpayers will end up needing an extension in order to have more time to gather their information and prepare their personal tax return.  But, did you know that an extension only gives you more time to file your return, not more time to pay the amount owed?  If you owe an amount on your personal return, it is due on April 15th.  Every effort should be made to reasonably estimate this amount and make a payment into the IRS by April 15th.  If you are not able to do this, then there will be a late payment penalty added to the amount due when it is paid. Here is some more information on penalties from the irs: https://www.irs.gov/businesses/small-businesses-self-employed/understanding-penalties-and-interest



Latest Tax News

Please note that we will only post things that are from official sources and have been passed into law. We will not post any information about pending legislation.

Tax Planning

Tax Planning 2021

The 2022 GA DOL Rates have posted to the portal.  Please log into your portal to print your letter and see your new rate for

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Tax Credits

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