The beauty of filing an extension
It's time to start encouraging your clients to file extensions. Don't be brow-beaten into making complex decisions when you have the least amount of time or trying to force software to do something it can't do yet because the law just changed. Remember, even if the client pushes you to finish hurriedly, that same client will blame you if there are any problems later.
If you haven't already set a deadline for getting information, do it NOW! Also, set a deadline for appointments. Remember, even if you extend the return, you'll need information to file the extension, and even that isn't always easy.
5 great ways to make your client feel good about filing an extension
To help you, here are five reasons you can use to convince your client that going on extension is okay:
- Only sophisticated, smart, and interesting people file extensions. If you, my client, are ordinary or boring, file on time. It's okay. But if you want to be cool, file an extension.
- Once a taxpayer files an extension, he/she never goes back to timely filing. It's just too rushed, and a little extra time is always good.
- Don't send your return when the internet is full of tax returns on the filing deadline. That poor little e-filed return will feel like it's part of a cattle stampede. Your fabulous return will be crowded by a bunch of unwashed, possibly incorrect returns, and you don't want the stigma of running with the wrong crowd.
- There is no longer a need to have the thrill of going to the post office at midnight on April 15. Your return, dear client, is being electronically filed. So rather than go to the post office in your work clothes, relax at home in front of the television in your pajamas, comforted by the knowledge that your return is being cared for by your tax professional and will be filed lovingly and timely, at the extended due date.
- Your client's return is important to you. Having it absolutely correct means that there should not be problems later. And this year, we're not sure what correct means. Software companies are trying to interpret uninterpretable tax changes, and we've already heard of one disastrous error made by the free version of TurboTax. Tell them you don't want to have to charge them for correcting a mistake that is a result of the new law and their requiring you to file an amended return.