SubscribeTax Help-Controlling the Due Date for Taxes
Posted: 20 Apr 2008
Tax Help:Controlling the Due Date for Taxes
Although your former grade school teachers may not want to hear it, putting something off can sometimes be a good idea.
Putting it another way, “justice delayed” may be “justice denied,” but taxes delayed can be taxes minimized!
The idea that we’re trying to convey is that it’s usually worthwhile to delay the due date for your tax liability, if you can do so legally. This is true even if you figure that you’ll be in the same tax bracket in all relevant years. What you gain is the use of your money for a longer period of time. The advantage may be as little as passbook earnings on the money, or as much as the growth resulting from a needed investment of money or equipment… Continue reading
Tags: tax help, Tax Deduction, minimize taxes, unpaid taxes, original due date