Discouints in off season

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  • AZ-Tax
    Senior Member
    • Feb 2008
    • 2604

    #1

    Discouints in off season

    Quickly before all of your take off for your paradise islands for the off season, what type of discount if at all do you give to individuals and/or Business returns w/personal tax returns when they can wait till June, July or Aug?
  • JohnH
    Senior Member
    • Apr 2007
    • 5339

    #2
    No discounts, because I don't consider there to be an off-season since I work year-round. On the other hand, I don't charge to file exensions either since I benefit from extensions as much as the client - maybe that's an indirect discount.
    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

    Comment

    • RitaB
      Senior Member
      • Jul 2008
      • 1382

      #3
      Me, too

      I work all year as well. If people can't live with an extension, they are free to do something else. Most of my folks getting extensions have done it to themselves anyway.

      If they ever all get it together, I may change my policy.
      If you loan someone $20 and never see them again, it was probably worth it.

      Comment

      • Possi
        Senior Member
        • Mar 2006
        • 1432

        #4
        Policy change?

        Originally posted by RitaB
        I work all year as well. If people can't live with an extension, they are free to do something else. Most of my folks getting extensions have done it to themselves anyway.

        If they ever all get it together, I may change my policy.
        So, you won't be changing your policy?
        "I am proud to pay taxes in the United States. The only thing is I could be just as proud for half the money." Arthur Godfrey

        Comment

        • Uncle
          Senior Member
          • May 2008
          • 124

          #5
          25%, because I and my staff are all full until April15th. Can't do more without even more staff. An extension is an additional return for the rest of the year.
          Christopher Mewhort, EA
          mewhorttax.com

          Comment

          • Possi
            Senior Member
            • Mar 2006
            • 1432

            #6
            Discount?

            To offer a discount for an extension would be to reward clients for filing late, would it not?

            I do free extensions. Not to encourage late filers, but to save my sanity this week.
            "I am proud to pay taxes in the United States. The only thing is I could be just as proud for half the money." Arthur Godfrey

            Comment

            • RitaB
              Senior Member
              • Jul 2008
              • 1382

              #7
              Nope

              Originally posted by Possi
              So, you won't be changing your policy?
              Nope, I don't see it happening here.
              If you loan someone $20 and never see them again, it was probably worth it.

              Comment

              • erchess
                Senior Member
                • Jan 2007
                • 3513

                #8
                Extensions

                I charge new clients $100 for extensions but that counts toward the eventual cost of their return which is at the in season rates. I don't charge existing clients for extensions and I don't charge new clients for extensions done for my convenience despite the fact that they got me their information by 4/1.

                Comment

                • Lion
                  Senior Member
                  • Jun 2005
                  • 4699

                  #9
                  If a client came after 15 March or didn't have all info by then, no discount. For the three or so that I asked to go on extension, I'll make it worth their while to wait. One is a very inexpensive return that I will probably not discount but will probably ship it out to her in CO at my expense instead of at hers. One might owe, so I'll probably base the discount on her interest, if I don't get it calculated closely enought for an extension payment. Another I'll probably give 10% or more to make it meaningful, noticeable to her. I actually put a line on my invoice, something like Thank you for going on extension discount -$100 or whatever amount.
                  Last edited by Lion; 04-09-2012, 03:19 PM.

                  Comment

                  • taxea
                    Senior Member
                    • Nov 2005
                    • 4292

                    #10
                    I already live in the Paradise Islands. No discount for requiring me to file an extension and having to work after the tax season.
                    Believe nothing you have not personally researched and verified.

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