Blog—Tax Preparation, Bookkeeping Tips, and Financial Advice in South Gate, California

Flores Income Tax Services and Bookkeeping | South Gate, CA As April 15 quickly approaches, many individuals and small business owners in South Gate, California find themselves scrambling to gather paperwork and finalize their tax returns. If you're not quite ready to file, there’s good news—you can request a tax extension. At Flores Income Tax Services and Bookkeeping, we help our clients stay compliant and stress-free by filing timely tax extensions that protect them from costly penalties. Here’s why filing a tax extension before April 15 is a smart financial move if your taxes aren’t ready. 1. Avoid Late Filing Penalties One of the most important reasons to file a tax extension is to avoid the IRS late filing penalty , which can be as much as 5% of the unpaid taxes per month , up to 25%. Filing an extension gives you until October 15 to complete your tax return—giving you time to gather documents, double-check figures, and work with a professional tax preparer in South Gate to make sure everything is accurate. 2. It’s Easy and Risk-Free Filing a federal tax extension is simple and risk-free when done correctly. At Flores Income Tax Services , we take care of the entire process for you. Whether you’re filing as an individual, contractor, or business owner, we’ll ensure the extension is submitted to the IRS before the deadline—giving you peace of mind. Remember: a tax extension only gives you more time to file, not to pay . If you owe taxes, they’re still due by April 15, so we’ll help you estimate what you owe to avoid interest or penalties. 3. More Time Means More Accuracy Rushing to meet the April 15 deadline can lead to mistakes—missed deductions, incorrect income reporting, or incomplete documentation. Filing an extension gives you the opportunity to: Review all your financial records Claim every possible deduction and credit Avoid costly errors and audits 4. Small Business Owners Need Time If you’re a freelancer, independent contractor, or small business owner in South Gate, CA , your tax situation may be more complex. Filing an extension allows you to work with our experienced bookkeeping and tax professionals to get your financial records in order and file with confidence. 5. It Shows Responsibility Some people think filing an extension reflects poorly—but in reality, it’s a responsible choice if you're not prepared. It shows you’re taking the time to file correctly, which the IRS actually prefers over receiving rushed or inaccurate returns. Don’t Wait—File Your Tax Extension with Flores Income Tax Services Today If you're not ready to file your tax return by April 15 , don’t panic. Flores Income Tax Services and Bookkeeping in South Gate, CA is here to help. We specialize in: Filing personal and business tax extensions Year-round tax preparation and planning Professional bookkeeping services for individuals and small businesses 📍 Serving South Gate, Huntington Park, Bell Gardens, Lynwood, and surrounding areas. 📞 Call us today to file your extension and avoid unnecessary penalties. 📅 Schedule your appointment with Flores Income Tax Services and make tax season easier!