Friday, October 14, 2011

One Day Left

If you requested an extension from the IRS to file your 2010 taxes then you are running out of time, the deadline to file, with an extension, is Monday October 17, 2011.

I mailed out our taxes yesterday, so we are a whole two (2) days ahead of schedule.  Unfortunately, we owed money to Uncle Sam, but we did not owe as much as last year.  My goal is to owe Uncle Sam, but to owe him less than a $1000, because owing more than that throws off our monthly budget. 

We ended up using our same CPA because we ran out of time.  If you've read this blog long enough, you'll remember that we were audited in 2010 and said audit and IRS liability was the result of mistakes made by our CPA.  As a result, one of our goals for 2011 was to interview and hire a new CPA.  That is still a goal, we have two names of possible CPAs and we need to get going and interview folks and hire someone new.  But, we were too late in the game to get that done this year. 

1 comment:

Anonymous said...

I have found that my insurance agent of over 20 years has been a great resource for various professional references. I have been using the accountant he suggested for about 20 years now. Sure is helpful to have a good accountant and one that has all your tax history on file to save going back in time when you sell real estate, etc. Good luck with your search, take your time and get someone you expect to stick with.