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Can My 2009 Tax Extension Be Filed Online?

Forgetting to file your taxes by the April 15th deadline can be a very scary thing. It’s easy to imagine your future financial troubles: losing your car, your house, going into debt, or having to file for bankruptcy. What’s less easy for people to imagine is something like the 2009 tax extension form: an easy, simple to fill out form that lets you pay the IRS later.

I know, I know. You won’t believe me because the words IRS and easy being in the same sentence doesn’t compute in your brain. But it gets even easier: you can actually file your 2009 tax extension form online! Here’s the how and why: Continue reading “Can My 2009 Tax Extension Be Filed Online?”

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Freelancing, Federal Business Income Tax, and You

If you’re a small business owner, a Fortune 500 company, or somewhere in between, chances are you’ve had to deal with freelance employees (aka 1099 employees aka contract employees). These are people who, rather than working for your company, work for themselves. Instead of coming in from 9-5 every day, they work on a single project or for a few hours a day. And they are also affected greatly by federal business income tax law.

And, of course, when someone you are using is affected, your business is affected too. Here’s the lowdown on how federal business income tax affects your freelancers and your company:
Continue reading “Freelancing, Federal Business Income Tax, and You”

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The 2009 Tax Extension is October 15th

The season for E-filing tax returns officially ends on October 15th. You can still mail in your 2009 tax return after the deadline but your return will be considered late. Remember that all returns mailed after the deadline must be signed.

Tax returns filed prior to the closing of the tax season must have their postage affixed and be postmarked  by 11:59PM on October 15, 2010 in order to avoid late filing penalties. If you have a liability for tax year 2009 and you do not file by the deadline, penalties will be added to the amount owed and interest will accrue from the date of the original April deadline!

E-File my 2009 Return Now!