Filing a tax extension can be beneficial to your clients and to you as a tax practitioner. However, clients often misunderstand how a tax extension affects them.
Some best practices for handling the extension process:
Establish good procedures with your staff and clients on deadlines and extensions.
Use an extension reminder letter template to communicate deadlines and information needed to clients.
Create deadlines for clients to deliver information in a timely manner.
Provide extension FAQ to clients to help dispel