Ensure Your Extension Form Is Filled Out Correctly

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Did you know that filing a tax extension doesn’t actually allow you more time to pay your taxes? This is a common myth among taxpayers, however if you file an extension it actually only gives you extra time to file your taxes; if you owe money on your tax bill, it must be paid by April 15th. If you can’t pay your entire bill, it’s highly recommended you pay installments against your amount owed. If you are going to file an extension also be sure that you file it correctly so that it is not invalidated by the IRS. This can cause more headaches than actually taking the time to ensure you’ve filled out the extension form correctly.

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As seen in Forbes Magazine, Karla Dennis is an expert tax and business strategist. As an enrolled agent, Karla is licensed to represent taxpayers in all 50 states. She holds a Masters in Taxation and Business Development and is the author of two books, Tax Storm and Against the Odds.

Karla, CEO of consultancy firm Karla Dennis And Associates, Inc.™, has saved her clients thousands of dollars and has been featured in various media outlets such as Forbes, MSNBC, KTLA, Yahoo! Finance, and SmartMoney, marking her as the ultimate tax expert.

As of 2014, Karla became the new host on the “Mind Your Business” radio show, KTLK AM 1150, sharing her financial and business knowledge with the greater Orange County and Los Angeles areas. As a supporter of women’s rights and issues, Karla is part of the Women Network, an organization built to educate and mentor women. In addition, Karla is the radio host for Women Network Radio, a show that aims to uplift and empower women of all walks of life.

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