Filing your tax returns before the IRS deadline is the goal, but for many different reasons, it does not always happen. The IRS provides a route for citizens to file their returns even after the deadline. However, certain guidelines must be followed. Whether you have a single year of late tax returns or multiple years, learn more about what steps you need to take.
Notify the IRS
Once you realize you have missed the deadline, you must notify the IRS immediately.
As a bookkeeper, you will spend a lot of time handling financial records and receipts for your clients. If you are planning to open a virtual bookkeeping business, that provides you with an opportunity to expand your potential client base, but only if you take the right steps to ensure data security and build relationships. Here's a look at some of the things that you should consider.
Use Video Communication When Possible