KNR Tax and Business Services, Inc

KNR Tax and Business Services, Inc At KNR Tax and Business Services, Inc you’ll find trained tax preparers who understand your tax situation.

We’ll address your concerns and answer all of your questions with professional, fast, and friendly service – the way it’s meant to be! We provide professional income tax return preparation w/ efile and RAC, new business set ups, monthly and quarterly filings, print/copy/fax services, bookkeeping, notary, and a variety of other business and tax services

04/08/2026

🚨 Tax Pros & Clients — Let’s Talk About Extensions 🚨

With April 15th quickky approaching, I wanted to leave you with a tax tip....

Did you know a tax preparer cannot file an extension on your behalf without your knowledge and consent?

Here’s what you need to know 👇

🔹 An extension is YOUR election — not the preparer’s decision
Filing an extension (Form 4868) must be authorized by the taxpayer. It is not something a preparer can proactively submit “just in case.”

🔹 Consent is REQUIRED
The IRS expects that the taxpayer has:
✔ Requested the extension
✔ Reviewed the information
✔ Authorized the filing

🔹 It only extends time to FILE — not time to PAY
Even with an extension:
💰 Taxes are still due by the original deadline
📉 Interest & penalties may apply if unpaid

🔹 Unauthorized filing can create serious issues
❌ Misrepresentation of filing status
❌ Potential compliance violations
❌ Breakdown in client trust

🔹 Best Practice for Tax Professionals
Always:
✔ Communicate clearly with your client
✔ Document approval (email, portal, signature)
✔ Provide payment estimates with extension

💼 KNR Tip:
Transparency protects BOTH the client and the preparer. Extensions should always be a joint decision — never an assumption.

If you’re unsure whether an extension was filed or needed — ask your tax professional. Your return, your responsibility.

01/14/2025

Your trusted partner for financial success and compliance.

new service
01/14/2025

new service

Your trusted partner for financial success and compliance.

A new service
01/14/2025

A new service

Your trusted partner for financial success and compliance.

Address

3736 Prairie Avenue
Brookfield, IL
60154

Opening Hours

Monday 10am - 7pm
Tuesday 10am - 7pm
Wednesday 10am - 7pm
Thursday 10am - 7pm
Friday 10am - 7pm
Saturday 10am - 5pm
Sunday 10am - 5pm

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