If you filed for six month extensions for your 2010 income tax returns please be aware that time is running short!

By
Real Estate Broker/Owner with Richard Weisser Realty

Time is running out!Procrastination is pervasive in our busy society. This year, I was very busy and was unable to complete my returns by the deadlines. And so I filed for six month extensions.

The extended deadline for corporate returns is September 15, which is just a few weeks from now. Personal returns are due by October 15 which adds a little breathing room, but it will be here before you know it.

So if you are like me and have postponed the inevitable, it’s time to get to work. Those statements and receipts become more and more elusive as time goes on and the odds are that preparing the return will be a lot harder know than it would have been six months ago!

There are only two certainties in life and we all know what they are!

And when forced to make a choice, I prefer the latter!

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Rainmaker
3,300,181
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

  Time has a way of sneaking up....as soon as our  1099 hits the mail....the data is at the accountant....good reminder for folks....have a great prosperous day !

Aug 24, 2010 01:16 AM #1
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Time to pay the piper Richard.  Hope you can manage a refund!

Aug 24, 2010 01:17 AM #2
Rainmaker
5,116,646
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Richard....that's a good reminder.....thanks....my accountant would be calling me very soon.

Aug 24, 2010 01:17 AM #3
Rainmaker
1,240,246
Wallace S. Gibson, CPM
Gibson Management Group, Ltd. - Charlottesville, VA
LandlordWhisperer

Because we have k-1 income, we always file for extensions; however, all are now done and filed electronically and in Sept, I'll start projecting income and calculating expenses for bus AND rental income.  I'll be sorry if Bush tax cuts expire!

Aug 24, 2010 01:24 AM #4
Ambassador
1,441,026
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Richard,

I know, I know...you're just the messenger. 

Rich

Aug 24, 2010 01:25 AM #5
Rainmaker
160,658
Josef Katz
Digital and Direct Response Marketing - Manhattan, NY
{Marketing Maestro}

Great reminder.  I contacted my accountant a couple of weeks ago to get my returns done.  I was also a bit busy in April. 

Aug 24, 2010 02:03 AM #6
Rainmaker
3,126,501
Richard Weeks
Dallas, TX
REALTOR®, Broker

Richard,

Thanks for the heads up.  I need to get my stuff together and over to my CPA really soon.

Aug 24, 2010 02:11 AM #7
Ambassador
1,042,301
Andrea Swiedler
Berkshire Hathaway HomeServices New England Properties - New Milford, CT
Realtor, Southern Litchfield County CT

I'm with Rich, I know you are only the messenger... or rather.. harbinger....

Aug 24, 2010 02:25 AM #8
Rainer
231,295
Shannon Lewis
Beringer Realty - Champaign, IL
Realtor, Broker - Champaign-Urbana, IL

I just mailed out my returns yesterday. Feels good to get something like that off your to-do list :-)

Aug 24, 2010 02:41 AM #9
Ambassador
544,340
Gerry Michaels
Glasswork Media Arts - Gettysburg, PA
GettysburgGerry Social Meida

Done, paid and forgotten...at least I am trying to forget...

Aug 24, 2010 03:39 AM #10
Rainmaker
218,874
Sally Dunbar
Lyon Real Estate, Fair Oaks CA (Sacramento Area) - Fair Oaks, CA
Fair Oaks Realtor - Fair Oaks Homes for Sale

Crap...

Aug 24, 2010 03:51 AM #11
Rainmaker
3,983,633
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Good reminder. But, I try not to file for extensions.  Then the headach falls when I should be on the lake.

Aug 24, 2010 04:23 AM #12
Rainmaker
762,852
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Every year I SWEAR and SWEAR I will not let this happen.....

...and it happens!

I'm still doing the ACCOUNTING from 2009 so I can send it to the accountant. I'm hoping to beat his call!

Aug 24, 2010 04:39 PM #13
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