--- title: | Tax Returns description: Tax Returns | Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. --- [![Chandler & Knowles, CPA](https://blog.chandlerknowlescpa.com/hubfs/Chandlerknowlescpa_January2018%20Theme/Images/chandler-knowles-logo-updated.png)](https://www.chandlerknowlescpa.com) - [Home](https://www.chandlerknowlescpa.com/) - [About](https://www.chandlerknowlescpa.com/about/) - [Case Studies](https://www.chandlerknowlescpa.com/case-studies/) - [Testimonials](https://www.chandlerknowlescpa.com/client-testimonials/) - [Services](https://www.chandlerknowlescpa.com/services/) - [Individual Tax Preparation](https://www.chandlerknowlescpa.com/services/tax-preparation/) - [Advanced Tax Planning](https://www.chandlerknowlescpa.com/services/advanced-tax-planning/) - [Financial Planning](https://www.chandlerknowlescpa.com/services/financial-planning/) - [Risk Assessment](https://www.chandlerknowlescpa.com/services/insurance-risk-assessment/) - 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[Contact](https://www.chandlerknowlescpa.com/contact-us/) # Financial Planning Insights ## [Tax Extension FAQs](https://blog.chandlerknowlescpa.com/tax-extension-faqs) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | September 06, 2021 | [0](https://blog.chandlerknowlescpa.com/tax-extension-faqs#comments-listing) [![tax extension faq](https://blog.chandlerknowlescpa.com/hubfs/2-4.png)](https://blog.chandlerknowlescpa.com/tax-extension-faqs) The [Internal Revenue Services](https://www.irs.gov/) gives you, the taxpayer, some options when it comes to filing your tax return. You can file your tax return on what the United States knows as “Tax Day” which is April 15th, or you can elect to do an extension by this day. The extension will give you the opportunity to have more time to file your taxes.   [Read More](https://blog.chandlerknowlescpa.com/tax-extension-faqs) ## [How Real Estate Rental Income is Taxed](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | March 18, 2020 | [0](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed#comments-listing) [![](https://blog.chandlerknowlescpa.com/hubfs/houses-rent-sign-GI.width-1200.jpg)](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) Buying real estate for investment reasons can be a lucrative business. However, it is vital to make certain your accounting is in order and taxes are paid accordingly. Understanding the income and expense requirements the IRS dictates will protect you from paying unnecessary taxes or making a costly mistake on your tax return. A [tax return with..](https://www.chandlerknowlescpa.com/services/tax-return-review-services/) [Read More](https://blog.chandlerknowlescpa.com/how-real-estate-rental-income-is-taxed) ## [3 Ways Real Estate Investors Can Maximize Their Tax Return](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | January 27, 2020 | [0](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return#comments-listing) [![](https://blog.chandlerknowlescpa.com/hubfs/1903-investing-in-real-estate-600-399x399.jpg)](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) [Real Estate investing](https://www.chandlerknowlescpa.com/industries/real-estate/) can be a lucrative business. If an investor makes wise decisions in terms of the type and condition of a property, the financial benefits can be multi-faceted. Not only is real estate investment a good source of income, it has tax benefits as well. These benefits can assist in taking advantage of tax strategies to avoid.. [Read More](https://blog.chandlerknowlescpa.com/3-ways-real-estate-investors-can-maximize-their-tax-return) ## [How Your Investments Gains and Losses Affect Your Tax Return](https://blog.chandlerknowlescpa.com/how-your-investments-gains-and-losses-affect-your-tax-return) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | December 30, 2019 | [0](https://blog.chandlerknowlescpa.com/how-your-investments-gains-and-losses-affect-your-tax-return#comments-listing) [![WE-AB774_WETAXE_P_20190208123707](https://blog.chandlerknowlescpa.com/hubfs/WE-AB774_WETAXE_P_20190208123707.jpg)](https://blog.chandlerknowlescpa.com/how-your-investments-gains-and-losses-affect-your-tax-return) Any investment that you make results in is either a gain or a loss. There are short and long term investments. Each of these categories are computed differently on your [tax return](https://www.chandlerknowlescpa.com/services/tax-return-review-services/). As this can be a complicated process, it is imperative that you have a professional accountant help you calculate the tax implications and [investment risks](https://blog.chandlerknowlescpa.com/5-investment-risks). At Chandler.. [Read More](https://blog.chandlerknowlescpa.com/how-your-investments-gains-and-losses-affect-your-tax-return) ## [5 Ways High-Earning Physicians Maximize Their Tax Refunds](https://blog.chandlerknowlescpa.com/5-ways-high-earning-physicians-maximize-their-tax-refunds) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | December 27, 2019 | [0](https://blog.chandlerknowlescpa.com/5-ways-high-earning-physicians-maximize-their-tax-refunds#comments-listing) [![1140-medical-expenses.imgcache.reve38f9d76de496c4ef87c4f1a3c6ee9eb.web.740.475](https://blog.chandlerknowlescpa.com/hubfs/1140-medical-expenses.imgcache.reve38f9d76de496c4ef87c4f1a3c6ee9eb.web.740.475.jpg)](https://blog.chandlerknowlescpa.com/5-ways-high-earning-physicians-maximize-their-tax-refunds) 2019 is about to come to a close and it's about time to start thinking about [tax preparation](https://www.chandlerknowlescpa.com/services/tax-preparation/). With all of the recent tax changes, it might be an ideal time to think about how to maximize your tax refund. Physicians, in particular, as high-paid earners, will want to be aware of the best ways to lower adjusted gross income, find tax credits, and.. [Read More](https://blog.chandlerknowlescpa.com/5-ways-high-earning-physicians-maximize-their-tax-refunds) ## [5 Tax Deductible Business Expenses](https://blog.chandlerknowlescpa.com/5-tax-deductible-business-expenses) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | November 20, 2019 | [0](https://blog.chandlerknowlescpa.com/5-tax-deductible-business-expenses#comments-listing) [![8225639632_ebeac1b8cf_b](https://blog.chandlerknowlescpa.com/hubfs/8225639632_ebeac1b8cf_b.jpg)](https://blog.chandlerknowlescpa.com/5-tax-deductible-business-expenses) It is that time of year - when businesses begin to prepare for filing an annual [tax return](https://www.chandlerknowlescpa.com/services/tax-return-review-services/). Planning for tax-deductible business expenses is a shrewd way to change the outcome of your tax return. The IRS allows any 'ordinary and necessary' expenses you incur in the operations of your business. However, it is always important to make sure you are.. [Read More](https://blog.chandlerknowlescpa.com/5-tax-deductible-business-expenses) ## [Earned Income Tax Credit FAQs](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | October 16, 2018 | [0](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq#comments-listing) [![income-tax-491626_1920](https://blog.chandlerknowlescpa.com/hubfs/income-tax-491626_1920.jpg)](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) ## **What is the Earned Income Tax Credit?** [Read More](https://blog.chandlerknowlescpa.com/earned-income-tax-credit-faq) ## [Top 5 Mistakes People Make When Filing Their Taxes](https://blog.chandlerknowlescpa.com/top-5-mistakes-people-make-when-filing-their-taxes) By [The Chandler & Knowles Team](https://blog.chandlerknowlescpa.com/author/the-chandler-knowles-team) | March 21, 2018 | [0](https://blog.chandlerknowlescpa.com/top-5-mistakes-people-make-when-filing-their-taxes#comments-listing) [![download (1).jpeg](https://blog.chandlerknowlescpa.com/hubfs/download%20(1).jpeg)](https://blog.chandlerknowlescpa.com/top-5-mistakes-people-make-when-filing-their-taxes) Are you thinking about filing your own [tax return](https://www.chandlerknowlescpa.com/services/tax-return-review-services/) this year? Although it's true you will initially save money by doing them yourself, it may cost you more in the long run than if you had hired a [tax professional](https://lp.chandlerknowlescpa.com/tax-accountants-near-me) in the beginning. If your taxes are inaccurate or incomplete, it will take the Internal Revenue Service longer to process your return.. [Read More](https://blog.chandlerknowlescpa.com/top-5-mistakes-people-make-when-filing-their-taxes) ### Recent Posts ### Subscribe to Our Blog #### About Chandler & Knowles CPAs: Chandler & Knowles CPAs is dedicated to serving our clients with an integrated approach to financial success for businesses, families and individuals. Our knowledgable team is committed to providing you with the most detailed information to answer your biggest financial questions and to help make your life less taxing. Learn more about achieving financial success by reading our blog! ### Recent Posts Chandler & Knowles CPAs 7370 Hawk Rd Flower Mound, TX 75022 (817) 369-3681 Hours of Operation: Monday - Friday 8:30 a.m. – 4:00 p.m. Saturday & Sunday: Closed Other times Available by Appointment ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif) ![](https://px.ads.linkedin.com/collect/?pid=3265964&fmt=gif)