Understanding Your Tax Extension & Estimated Payments

While the April 15 deadline is well behind us, your tax planning journey hasn’t ended just yet — especially if you filed an extension or have upcoming estimated tax obligations.

To help clarify things, our partners Brian Miller and Adam Barr recorded two quick videos explaining the process in plain English.

🎥 Video 1: Understanding Extension Requirements

Click Here to Watch Brian’s Video ➝

In this video, Brian walks through:

• What a tax extension really means (and what it doesn’t)
• The data we need from you — and when we need it
• Why Q1 estimated tax payments are often bundled with your extension
• How proactive planning now makes April smoother later
• Ways to help us better help YOU

🎥 Video 2: Understanding Quarterly Estimated Tax Payments

Click Here to Watch Adam’s Video ➝

In this video, Adam covers:

• Who needs to make estimated payments (it’s not just business owners)
• How the IRS calculates penalties (and how we help you avoid them)
• When to use the “safe harbor” method vs. the current year method
• Key deadlines and best practices to stay compliant

Why does this matter?

Making timely extension payments and understanding your estimated tax obligations helps avoid unexpected penalties and gives you more control over your cash flow.

Action Items!

✅ Download your quarterly calendar reminders

Add recurring estimated tax payment deadlines to your calendar with one click:

• 📅 Add Q4 (Jan 15) Reminder
• 📅 Add Q1 (Apr 15) Reminder
• 📅 Add Q2 (Jun 15) Reminder
• 📅 Add Q3 (Sep 15) Reminder

✅ Upload documents to your MGA portal as you receive them

No need to wait until everything is in hand. Sending documents as they arrive helps us keep the process moving efficiently.

✅ Let us know if anything’s changed

If your income or withholding looks different from last year, we can help adjust your estimates to avoid surprises or penalties.

Need Help or Have Questions?

We’re here to guide you. Click here to email us or reach out directly to your MGA team.

We are here to make the complex simple.

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