April 3, 2019
This is a friendly reminder that the Q1 tax estimate payment deadline is coming up fast. Be sure to make your payment by April 15th, 2019 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
Staying current on your estimated payments is good business practice. If you are due to make a Q1 payment and have questions, feel free to contact our firm.
Have a great month. And remember, we are here to help!
Filing for and receiving a six-month tax extension is an easy process and there are many valid reasons that you might consider filing an extension for your optometry clinic. There are also authentic reasons to avoid doing so.
Although keeping consistent and accurate financial records is integral to your optometry clinic’s finances, maintaining your fiscal accounts throughout the year can be challenging.
Not all optometrists can rely on selling their practice after their career and it is essential to have multiple exit strategies and financial plans.