We must receive all necessary documentation to prepare your return by April 1, 2023. If a client has not provided their 2022 tax information by April 1, 2023, we make no guarantee that the return will be filed by the April 18, 2023, deadline. If a client's return is not filed by April 1, 2023, we will place them on an automatic extension.
A tax extension makes it easier to compile and review all the necessary documentation for an accurate return. It may also be more cost-effective to file an extension than an amended return later.
But remember, filing an extension does not relieve you from paying any tax due or making quarterly estimated tax payments for the current year. Failure to pay any tax due with extension or failure to pay quarterly estimated tax payments may result in various penalties and interest.
Don't hesitate to contact your Brinker Simpson tax advisor with questions or concerns.
We look forward to continuing our partnership and value your business.