Ms. Jobe has been very ill since the beginning of the year and unable to attend to
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Ms. Jobe has been very ill since the beginning of the year and unable to attend to any financial matters. Her CPA advised that she request an automatic extension of time to file her prior year Form 1040. Ms. Jobe likes this idea because she believes the balance of tax due with the return will be at least $20,000, and she wants to avoid paying this tax for as long as possible. By requesting the extension, how long can Ms. Jobe delay paying the $20,000 to the Treasury?
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Related Book For
Principles Of Taxation For Business And Investment Planning 2020
ISBN: 9781259969546
23rd Edition
Authors: Sally Jones, Shelley Rhoades Catanach
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