Tag Archives: Tax Day

Short Week – Busiest Wire Day of the Year and Heavy Mail Reminder, Plan Accordingly or Avoidingly – Happy Good Friday!

Reminder that Friday Government offices, and Capital Markets will be closed… Most Banks will have some type of partial hours for Good Friday.

Busiest Wire Day of the Year?

Care to guess which day of the year has more wires of money than any other?

Not surprisingly it is Tax day… Which is Tuesday April 18th this year! While we advocate for an earlier wire than the last minute… many do not…

Word to wise – Stay away if at all possible from moving ANY money near April 18th…. may save some headaches…

Mail is full too

Again, not being huge fans of mailing returns (much better to deposit via IRS website) still a lot of people do…

We cut back on rollovers and other “paper in the mail” (checks especially) from now until after filing day… just to be safe, much like we do near the end of the year for the same reason… yaya, overthinkers and planners – but safe over sorry!

Have a good Wednesday and a Good Friday Holiday.

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.

A Dallas Texas based fee only

Financial Planning Total Wealth

Management firm.

jkfinancialinc

street-cents

Congrats to the Tennis Player … Post Tax Relaxation … Friday from the Road

Long time followers know the 15 year old is serious about her tennis….

Five months of no tournaments meant lots of training (Fitness, weights, hitting, hours of coaching) but not competition…

What would it be like competing again? Any rust? Did she work hard enough during the down time? Would she be nervous? YEP on this for sure…

Monday of this week finished the first official USTA Girls age 16 state of Texas tournament in Five months …

That’s a Blue Ribbon on that First Place Finish …

Well done Sophia!

Post Tax Relaxation

The twelve year old and present party are grabbing a few days together .. in state …. in a continuation of a New Year’s Resolution of spending more time with, due to the aforementioned Tennis players dominating of time travel schedule…

We are happy the longest regular tax preparation season is behind us…

Ahhhh….today is a Friday… from the Road for a Few Days !!

Have a Great Friday and Weekend!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

 

Fun Tax Day Animated Stats on …… Taxes by Rate and Country –

It’s finally here…

Tax Day is Today !!

The busiest wiring $$ day of the year – for obvious reasons.

The longest lines day of the year at the post office – postage must be stamped today in order not to miss the deadline!

As we wipe our brow and say goodbye to the longest regular filing season we have experienced…. a fun animated chart was in the cards from a new source, Anima Stats

Top 20 Highest Income Tax Rates by Countries (1960-2017)

These guys even got the background music perfect!

Have a Great “Tax Day”!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

How to file an Extension … Form 4868 … Automatic Extension

So you tried as hard as you could, but you could not get your taxes done. Not to worry… They are due today, but there are options !

How to file an Extension

Form 4868 found here on the IRS website will allow you an AUTOMATIC extension filing.

  • File this form if you cannot finish your return…not kidding, do not ignore the IRS, filing an extension if much better than going radio silent
  • If you think you owe, make an estimate and send the funds, if you do owe you may be subject to penalties
  • Your new deadline is October 15, 20215 … but don’t wait until the last minute…filing another extension is much harder

Thought you might get a kick out this … May feel like it!

 

 

 

Have a Happy Tax Day!

John A. Kvale CFA, CFP

http://www.jkfinancialinc.com
http://www.street-cents.com
8222 Douglas Ave # 590
Dallas, TX 75225