What to Do if You're Behind on Doing Your Taxes

In this episode, Shannon discusses what to do if you're behind on doing your taxes. As the tax deadline approaches, Shannon provides a detailed blueprint for handling the situation, covering various scenarios and offering valuable advice for business owners. She emphasizes the importance of taking ownership of the communication with your accountant, filing the necessary extensions, and paying any taxes owed. Additionally, she encourages showing gratitude and empathy towards tax professionals who are working diligently during this busy season. Tune in to gain insight on navigating the process of getting your taxes filed and learn how to approach reading your tax return in an upcoming episode.

What you'll hear in this episode:

05:27 Ensure clear communication with the accountant for tax filing.

07:42 Be grateful and consider accountants' busy schedules.

10:48 Tax deadline on Monday. Stay tuned for assistance.

If you like this episode, check out:

Are Quarterly Taxes Necessary For You?

Tax Implications of Digital Product Sales

How to Play in the Gray When it Comes to Your Taxes

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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.