4th REMINDER
INCOME TAX 2020
Hey You,
It is now October 15 and time is running out. You have until October 31st to complete the questionnaire for your 2020 income tax return. Do it after that? Then we will charge 25% extra on your subscription or hourly rate. Are you submitting after December 31st? Then we can’t guarantee that we’ll be able to process your return for you.
So roll up those sleeves, pour yourself a drink, get behind that laptop and fill in the questionnaire. In doing so, you will be helping us, but most of all, you will be helping yourself.
* Has your tax return already been filed? Then this reminder is one of those ‘better safe than sorry’ reminders. In this case, please contact your own Bookies so they know your tax return has already been filed or is being filed.
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Because we can’t possibly file 1000 income tax returns by May 1st, we routinely request a one-year extension for our clients. This allows us to give each return the attention it needs and we don’t have to do a half-assed job. Yet there are drawbacks to this.
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Provisional declaration for IB 2021
Are you on the late side this year (and maybe last year too)? If so please consider already filing your 2021 income tax return provisionally in the first few months of 2022. That way, you’ll avoid 25% additional accounting fees, limit the tax interest you’ll have to pay, and perhaps have less stress as well. Want to know more? Learn more about your options.