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No reason to wait to do your taxes...

By
Services for Real Estate Pros with Randi Brammer, Acctg.

Many people wait until the last minute to have their taxes done.  For some it is because they don't want to pay in until the 15th.

Well, just because your have your taxes filled out before the 15th of April does not mean that you have to file them and send in the check.

I have had several people tell me that is why they wait until the last minute to have their taxes done.  The problem with waiting, if you are missing something and have to look for it, you may not get filed on time. Then you need to do an extension and that also costs money.

Do yourself a favor and have your taxes done NOW!  It will give you plenty of time to find all your info and you will find a tax preparer that isn't working on your return with only 2-3 hours of sleep for the past week or more.

Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Some good tax info to pass on to clients.  Thanks for sharing.

Feb 14, 2012 02:55 AM
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

There is no reason to wait--unless you are not yet prepared. For some, the preparation (no matter how organized you are throughout the year) can be time consuming. I'm one of those people. I need at least two full weekends to prepare the documentation for my CPA.

Feb 14, 2012 02:56 AM
Vern Eaton
Askov, MN
Realtor 651-674-7449

Randi...I have heard that statement before.   I had a client a few years back that was telling me that he could not have his return done because he did not have the money to send in yet.

Feb 14, 2012 03:02 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Great advice Randi.  I think many of us wait for that reason, but really blame it on something else.  Besides, JUST NOT wanting to do it.

Feb 14, 2012 03:52 AM
Randi Brammer
Randi Brammer, Acctg. - Hinckley, MN
Accountant & Tax Preparer

Waiting just isn't worth the hassel and chance of mistakes because you rush.

Feb 14, 2012 08:21 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Randi, I've had to file the last two years with an extension...I'm hopeful I can get back on track this year.  By the way I like that sign...how's that working out for you....has the IRS removed you from their mailing list?

Feb 14, 2012 01:33 PM
Debbie Walsh
SHAHAR Management - Middletown, NY
Hudson Valley NY Real Estate 845.283-3036

Great advice! I had mine done yesterday and I am glad that is over!  LOL

Feb 22, 2012 12:06 AM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Good morning Randi.

A timely reminder for us to do the taxes.

Have a nice day.

Feb 22, 2012 06:29 PM