Tax Prep tips Archives - Federal Direct Tax https://www.federaldirecttax.com/blog/tag/tax-prep-tips-2/ Helping Individuals & Businesses Enter The Tax Preparation Industry Fri, 03 Jul 2015 20:34:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 Tax Prep tips for clients filing extensions https://www.federaldirecttax.com/blog/tax-prep-tips-for-clients-filing-extensions/ Wed, 13 Apr 2011 12:07:48 +0000 http://www.federaldirecttax.com/blog/?p=525 Many people are under the misconception that filing a tax extension will allow for a delay in having to pay tax liability.  This is not the case!  An extension simply allows a 6 month stay in having to submit a completed tax return.  An estimated tax payment must be submitted along with the extension filing […]

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