With this episode of the podcast, John Turner CPA covers a variety of topics, including some perspective on the Corporate Transparency Act and Beneficial Ownership Information Reporting. The main portion of the discussion in this episode focuses on anyone considering filing an extension for submitting your return to the IRS. As John notes, there are rules related to paying your tax liability by the original deadline for the tax return in order for that extension to be valid. As will hear, John goes into the key details and explains the costly consequences of what happens when you don’t pay what you owe to the IRS on time.

John Turner is ready to help your business become more profitable. Do you need help with tax and business planning strategies that can drive savings to your bottom line? Do you need help with tax problem resolution issues? John and his team can help you and your business. Connect with John today by visiting JTurner.cpa.

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