If you’re a business owner who filed a tax extension this year, you’re not alone.
But here’s a truth most CPAs won’t say out loud:
Filing an extension isn’t the solution. It’s the signal to get strategic.
At KB Tax Deviser, we work with high-performing entrepreneurs who are often too busy during tax season to get proactive. That’s okay. We’ve been there too.
But here’s the danger: If you use this time passively—just waiting to file—you may be handing the IRS tens of thousands unnecessarily.
The good news? There’s still time to change that.
Here’s What We See Every Year:
- Clients who restructure entities in June and save $40K–$70K
- Real estate investors who do cost seg studies before filing and slash their taxable income
- Executives who implement smarter retirement strategies now, not after they file
Once you hit “submit” on your return… those strategies are off the table.
And trust me: the IRS doesn’t offer do-overs.
So What Should You Do Now?
If you’re sitting on an extension, here’s what I recommend:
- Reevaluate your income, expenses, and compensation structure
- Check for missed opportunities (R&D credits, income shifting, family integration)
- Build a forward-focused strategy before your CPA hits “file”
One of our clients, a multi-business entrepreneur, saved over $128,000 last summer because she used her extension to plan—not just file.
And yes—it was all legal, ethical, and audit-proof.
Bottom Line?
Extension season is not a break. It’s a second chance to get it right.
Let’s make the most of it.
Book a complimentary Extension Review Call with our team today.
You deserve to keep more of what you earn.