Do I Need To File An Extension?

Dr Friday Tax Tips - One Minute Moment
Dr. Friday Tax Tips
Do I Need To File An Extension?
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Dr. Friday 0:00
Good day. I’m Dr. Friday, President of Dr. Friday’s Tax and Financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.

Dr. Friday 0:12
We are almost doing the 2022 tax season almost finished filing, there are only a few more days left. And it’s time for you to start thinking, “Do I need to file an extension?” I push extensions a lot because if you file an extension, it eliminates a huge penalty which is 5% up to 25% of filing late. That is a huge penalty by just simply filing an extension and getting the taxes filed. Don’t just file it and let it go for years. But file it send in some money if you have it and you think you’re going to owe money and then that way you can keep more money in your pocket.

Announcer 0:51
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