Ever find yourself puzzled by tax return extensions? You're not the only one. In this episode, Jeff Trapp of Tax Planning Pros breaks down the ins and outs of tax return extensions. Whether you've already extended your tax returns to October 16th or are thinking about it, this episode is filled with essential information. Jeff discusses why you might consider filing an extension, tackles common myths about extensions and audits, and highlights the important difference between extending your filing deadline and your payment deadline. He also covers state-specific rules and special circumstances like combat zones and federally declared disaster areas. Plus, you'll learn about the penalties for late filing and payment, and how to steer clear of them. If you've ever had questions about tax return extensions, this episode is your go-to resource for clear and actionable advice. If you find this episode helpful, don't keep it to yourself! Share it with someone who could benefit from this information and make sure to subscribe for more insights. Listen on Apple Podcast | Listen on Spotify. Ready to take the next step? Visit our website at https://www.thetaxplanningpros.com/ to book a free tax planning consultation.
