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Video instructions and help with filling out and completing irs extension 2021 deadline
Music considering your April 15th filing deadline options the April 15 deadline is looming before you and you're not ready yet perhaps far from ready but there are a few options for you that can save you significant money on penalties hi I'm Gary and welcome to tax Bulldog for the best thoughts and ideas for trimming your tax debt are you tax bill now these videos are to help you to help yourself to avoid costly professional fees if your situation has a level of complexity then you may want to consult the tax professional these videos will at least give you an introduction of what to expect and to know when someone is just misleading you now before I start I have to make a few disclosures that are important for purposes of brevity I'll just list these in the description below so be sure to read them as they do contain important information you're going to need to know in these videos I will make references to links and resources on the web often I'll display them on the screen and I'll put them in the description below so if the link is lengthy I will just list it below if you feel you need professional help see my video on selecting a tax professional to represent you at this link no put that below so there's a lot of information in that description below so check it out so to get down to this subject in this video what I'm going to talk about considering your April 15 filing deadline options that is common for most people to think that they can't file a return or even an extension if they don't have all the information they need or you know I pay now the reason it grows bigger is because the penalties and interest that accrue are far more than what consumer debt does people will delay filing because of the fear the IRS will be on top of them quickly and they will have a higher likelihood of an audit neither of these are true now April 15 deadline options are one is you can file a complete and accurate return to file an extension of time to file using for 4868 and three is just don't file anything and stick your head in the sand that's probably the worst choice now assuming you can't file a complete and accurate return we'll look at options two and three here option two is filing an extension if you don't have enough information to file a complete and accurate return file an extension using form 4868 it's a quick and easy one-page form if you don't know how much to put in for what you think you owe make your best guess for now that is not criminal you're just trying to make your best enow if you do have a pretty good idea and if it's a lot of money that you can't.