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.

You can connect with John Turner and his team by visiting the firm’s website, JohnTurnerCPA.com.

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