I've always been a little puzzled about various postings that talk about extending clients who wait past your drop dead deadline. How do you figure out how much they need to send in with their extension without preparing most, if not all, of the return? Or do you just look at previous year's liability and the current year's withholding and estimated payments? Who pays penalty and interest if you haven't had them send in enough? I can't see being liable for it, but I can't see clients accepting that it is their responsibility either.
Barbara
Barbara
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