Let’s assume you’ve procrastinated on your taxes, and you (all of a sudden) notice it’s April 15th. You’ll just call your accountant, and you’re sure he’ll drop everything for you.
No chance.
If you called me today, and I haven’t yet received your paperwork, you will be going on extension. We’ll make a quick and dirty estimate of your income, pay the appropriate amounts with your extension (and any estimated taxes for 2008), and we’ll come back to your return when we both have time.
And if you call me at 4:45pm on Tuesday, April 15th expecting me to drop everything and complete your return I might start to laugh. Indeed, I will be dropping everything at 5:00pm this Tuesday—my brother, sister-in-law, and niece are in town and we’re going to dinner.
Tags: BozoTaxTips