joining me right now is laura ross, she's been with me at the tax hot line for 10 years. so what's going on tonight? what kind of questions are you getting? >> we're getting some extension questions, you have until august 18 to file an extension. you don't realize on the penalties, if you file the extension and you don't quite have enough money to pay your taxes, you file an extension, you get a little bit of interest and a little bit of penalties, but if you don't file that extension, it's 10% higher. >> let's say i file my taxes, and i owe $800. >> there will be a libltz of fine and a little bit of penalty, but it will be ten times as high over that eight-month extension. enter so the difference would be paying a couple of extra bucks versus $10,000? >> depending on how much you owe, but yeah, it's significant, always file the extension, it's easy to fill out. it has two boxes on it. and if you can't pay, mail it in any way. >> you had me convinced. >> laura ross, california society of cpas, her and her crews and a whole bunch of other tax professionals are here on the

joining me right now is laura ross, she's been with me at the tax hot line for 10 years. so what's going on tonight? what kind of questions are you getting? >> we're getting some extension questions, you have until august 18 to file an extension. you don't realize on the penalties, if you file the extension and you don't quite have enough money to pay your taxes, you file an extension, you get a little bit of interest and a little bit of penalties, but if you don't file that extension, it's 10% higher. >> let's say i file my taxes, and i owe $800. >> there will be a libltz of fine and a little bit of penalty, but it will be ten times as high over that eight-month extension. enter so the difference would be paying a couple of extra bucks versus $10,000? >> depending on how much you owe, but yeah, it's significant, always file the extension, it's easy to fill out. it has two boxes on it. and if you can't pay, mail it in any way. >> you had me convinced. >> laura ross, california society of cpas, her and her crews and a whole bunch of other tax professionals are here on the

now we have laura ross from the california society of cpas. you're worried people are missing deadlines because some of the deadlines have changed, right? >> yeah. for small business owners this year, a lot of the tax dates have chamber of commernged. if you're a small business owner set up as a partnership or llc or s corp the date has moved to march 15th and that's next week. a lot of people we're finding aren't aware of this change. if you're a c corp that's moved up to april 17th. for all the individuals out there, the date is still april 15th, except this year there's a holiday in washington, d.c. and you get an extra three days so it's april 18th this year to file your taxes instead of the 15th. >> laura, thank you very much. bart, thank you very much. if you didn't get all of that or still need help, give us a call, 415-954-7621. reporting live, i'm michael finney. >> thanks, michael. >>> a popular shanghai soup dumpling restaurant is no longer taking reservationing. they just restored the no reservations policy. the chain made an excep

laura ingram, breitbart and newsmax defending medicaid against the sort of ayn randian attacks of paul ryan. >> there's a certain conservative logic to medicare. people on the left like to talk about medicare for all. >> ross douthat wrote about medicaid for all that you don't want the government to become the insurer for everyone but you make it the backstop so that the first line of defense is that you get insurance through work or you acquire it privately but if that doesn't work for you, you can go on medicaid, it's stripped down, relatively inexpensive but it's a safety net for everyone and that's where chris ruddy is pointing. it would make a certain amount of sense for a populist like donald trump to land at. >> but let's be clear, complete completely in opposition to the structure of this bill as it is. >> right. >> it's the opposite. this bill is pure ryanism. this bill is everything that mitt romney and paul ryan stood for in 2012, what donald trump's primary opponents stood for and he beat them by not being them. >> it's not everything paul ryan stood for in 2012 because in 2012 mitt romney and paul ryan were insisting they were going to restore the money cut out of medicare. so with this they k