In the News, Tax Planning News, Tax Planning

Filing Your Taxes Oct. 15? Here's What You Need to Know

Posted On October 10, 2018 By Clarfeld

Donna Cuiffo, Chief Financial Officer and Senior Tax Partner at Clarfeld discusses tax filing extensions in this CNBC article.

People apply for tax extensions for a variety of reasons, but financial advisors who work with affluent families and individuals most often see clients requesting extensions due to the sheer complexity of their returns. High-net-worth individuals typically have highly diversified investment portfolios, making it virtually impossible for them to get all the information needed to file an accurate return in April.

SOURCE: https://www.cnbc.com/2018/10/09/filing-your-taxes-oct-15-heres-what-you-need-to-know.html

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