There’s a lot of misinformation about tax filing extensions regarding who they are for, how to get one, why to get one and what does it actually even mean. Let’s be honest, the IRS doesn’t have a reputation for leniency or handing out favors. So, what’s the deal with extensions?

Tax filing season is in full swing and we are finding that people are feeling, well, a little cheated. When Trump passed the Tax Cuts and Jobs Act back in December of 2017, we all expected to pay less in taxes. But, the majority of people are finding they are getting smaller than normal tax returns – so what’s the deal?

As you start thinking about pulling together your taxes do you instantly get nervous like you did something wrong before you even get started? The reality is the IRS isn’t looking over your shoulder and they aren’t coming to knock on your door.

Whether this is your first time working with an accountant to prepare your tax return or you’ve done it year over year, it’s hard to remember all the information and documents you need. Some forms come in the mail, others you get online, and it’s possible some pieces of information might not even be on your radar.