Laser1040 - Maximum Refunds

It’s Tax Day… and yes, if you’re reading this thinking “uh oh,” take a breath 😅

You can still file an extension today—and Becky walks you through exactly why, in this video.

Here’s the deal:
An extension gives you more time to file… but not more time to pay. The IRS still expects what you owe today, and penalties can stack up quicker than most people realize (up to 25%).

The good news?
If you get ahead of it now, we can help you set up a plan, reduce penalties, and take a whole lot of stress off your plate.

Becky also breaks down:
• First-time penalty abatement (a lot of folks qualify and don’t even know it)
• Why coming in early gives you more options
• How new tax law changes could actually work in your favor this year

If today snuck up on you, you’re not alone. Happens every year.

Let’s handle it the right way 👍
Reach out, file that extension, and let’s get a plan in place.

IRS Tax Extension Penalties Explained | File vs Pay Truth (Montana) Think filing an extension delays your tax bill? It doesn’t. Learn how IRS penalties can reach 25%, how to reduce them, and how installment plans and first-time abatement can help. Serving Montana taxpayers.

Becky breaks down an important tax change for 2025 that could benefit many taxpayers.

She explains why itemizing deductions may now make more sense than taking the standard deduction. In her example, the state and local tax (SALT) deduction alone exceeds the federal standard deduction by $8,500, making itemizing the more advantageous option.

She walks through exactly what to gather: property taxes, vehicle license fees, charitable contributions, home mortgage interest, and medical expenses — including insurance premiums.

Becky emphasizes that this strategy can be especially beneficial for generous charitable givers and homeowners with higher mortgage interest and property tax burdens.

Click the link below to watch the video—it’ll take you straight to our website. If you have questions or would like to schedule an appointment, please use the contact form on our website, and we’ll get back to you promptly. You can also call us directly from this post by clicking the call button below.

https://www.laser1040.com/2026/02/tax-tip-tuesday-february-10-2026-itemizing-vs-standard-deductions/