I need some advice on taxes

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Originally posted by Sharpie@Dec 17 2003, 05:38 PM
Extensions are not a big deal either. Accountants can't seem to get all the work done for all their clients by filing date. It is starting to be a routine thing.

Two years ago, I flew back to Indiana for a week - just to do my taxes. Guess what, both of my accountants still filed for extensions. Screw that - I just wait until I go home in May to deal with it now. The IMPORTANT thing, is to do your estimated taxes quarterly. If you over pay... you get it back with interest. ( or do they still pay interest on overpayment - they used to)

Sharpie, with interests rates of today,
it really doesn't matter if they pay or not...
I routenely throw overflow into the next year taxes...

after paying over $100,000 in penalties for LATE sending payroll taxes by a few days, I learned my lesson so well, that now they always owe me
;-))))

..and who said the University provides the best education?
IRS taught me better than all Harvard Schools combined
;-)))))