Increasing the length of the automatic extension will save taxpayers some time and trouble, but it's still smart to file as soon as you can.
More Quotes from Mark Luscombe:
Once they file for an extension one year, it sort of becomes a habit. I know people who do it regularly who don't have any particular reason they couldn't have had their information together by April 15.Mark Luscombe
He's been pretty consistent in wanting to make the cuts permanent.
Mark Luscombe
I can't tell you why there hasn't been a hue and cry about this. Maybe it's just because the baby boomers aren't quite old enough to be affected by it yet.
Mark Luscombe
Congress failed to extend the exemption increase into 2006. I think they still intend to do that, just retroactively.
Mark Luscombe
Compared to some other tax issues, like passive loss rules and stuff like that, it's not all that complicated, but people involved in things like passive loss rules can usually afford to pay for some sophisticated help.
Mark Luscombe
People who don't live in presidential-declared disaster areas get help, but not the most help or the quickest. Those in declared disaster areas but not in the Hurricane Katrina-Rita-Wilma areas get more help quicker, while those in the Katrina-Rita-Wilma disaster areas get most.
Mark Luscombe
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Betty Buckley
Mr. President, How are you going to work with people who seem to have divorced themselves from reality?
Jeff Gannon
A gloss is a total system of perception and language.
Talcott Parsons