Should you file for a tax extension? In this video, I will give you all the information you need to know about filing tax extensions, tax deadlines, and what to do if you can't pay the IRS on time.

“There are two types of penalties, there's failure to file and failure to pay.” 1:53

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It can be tough trying to get your taxes done on time, but don't worry! We've got you covered. I'll explain the different tax deadlines, what to do if you can't pay your taxes, and more.

Taxes are a necessary part of living in a civilized society, but they can be a pain to file on time. I will discuss the different deadlines for filing taxes and what to do if you can't pay your taxes.

Toby Mathis, Esq. will also provide tips on how to get an extension if you need it. Finally, you can find a list of resources for more information about taxes and the tax filing process on our website. So whether you're a first-time tax filer or you've been filing your taxes for years, you too can benefit from this video.

Take in the wealth of knowledge provided here and ensure you are better prepared for this tax season. Anderson strives to help you keep more of what you earn so be sure to like, comment, and subscribe to the channel for more free content.

Show Notes:
0:00 Intro
0:15 Owing Taxes
1:40 Tax Day April 15th
3:30 Cost Segregation
4:35 Oct 15th
6:48 File and Pay
8:54 File Extension
10:58 E-File
11:39 Forms
12:40 Be First
17:27 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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