June Walker: Tax & Financial Advisor to the Self-employed

Information for all self-employeds -- independent, sole proprietor, 1099, sub-contractor, indie. Tax law and regulations have a profound impact on all of you. I am a practicing accountant. I post simple and easy-to-understand answers to complex tax questions asked by you -- my fellow indies. You will learn that tax savvy and recordkeeping know-how can save you time and money as well as lower your stress and anxiety level and help form the foundation of successful self-employment.

Monday, March 9, 2009

File an extension. It really is the smart thing to do.

June:

I saw your post on Turbo Tax, and I am now completely confused. I own a small web programming company (sole prop) LLC in Ohio, and I would usually use Turbo Tax… What do you recommend now? It’s such a late date, and I am sure most accountants are too busy for a new account.

Please let me know what you recommend!

Jeremy

Hello Jeremy,

First of all there is no need to rush. Read my post File an extension. It's the smart thing to do. If you file an extension you'll have until October 15 to file your tax return. That'll give you time to find a tax pro.

In the interim, learn as much as you can. Read my blog and the columns on my website. Be sure to check out my posts on finding the right tax pro.

Best, June

2 comments:

Unknown said...: Actually, if I'm not mistaken the due date for the 1065 is 9/15 and not 10/15.

I enjoy your blogs

Chris; March 9, 2009 at 4:30 PM
June Walker said...: Hi Chris,

Correct. Partnerships file extension Form 7004. Partnership extension deadline has been changed to September 15.

Glad you like my blog. Please tell your indie friends and colleagues.

-- June; March 13, 2009 at 10:45 AM