Don’t think you can escape penalties by not filing. If you don’t file, you’ll owe a 5% per month penalty for not filing. For any month that the failure-to-file penalty and the failure-to-pay penalty both apply, the 5% failure-to-file penalty is reduced by the failure-to-pay penalty.
Under the new law, on or after Monday, September 16, legally married same-sex couples must now file their taxes as married filing separate or married filing jointly so if you haven’t filed your 2012 tax return yet, you still have a choice to file as married or single before September 16.
With less than 3 days to file your tax return by the April 15 deadline, there is no wonder more and more Americans are turning to tax software as their preferred method of tax preparation. This infographic takes a looks...
The April 15th tax deadline is just days away and tax procrastinators are scrambling to make the tax deadline. No need to worry. With today’s modern technology you can go online and e-file your tax return at 11:59 on April 15th, but what was tax day like a century ago and how did the IRS come up with the April 15th tax deadline? Our infographic takes a look at a hundred years of taxes and the history of tax day.
If you didn’t have time to file by the April tax deadline, chances are you filed for an extension. Even though you filed an extension, does it feel like that October extension deadline came out of nowhere? Time can get away from us and even those extra six months can fly by and leave you scrambling come October. If so, here a few tips to help take some of the stress out of this tax deadline.
As autumn is approaching here in the United States, there’s another milestone coming up soon. October 15- the deadline for filing your 2011 tax return. Besides procrastination, some are delaying getting their taxes completed because they are worried about getting them done correctly. Fortunately there are ways to help with both.
The deadline to appeal property taxes is in September in many areas. With the decline in property values, it may be worth appealing your property tax value to make sure you are paying the correct property tax amount. You may be able to save money. Column Five’s, Josh Ritchie gives us details on how frequency of use of second properties may impact how you report property taxes.
The tax deadline is almost here and with the final tax deadline (April 17th) comes tax procrastination and common misconceptions about filing extensions. The reasons taxpayers file extensions vary, but one common misconception regarding extensions is they are extensions to pay tax liability. If you are planning to file an extension because you owe money (or think you do), think again. Find out more here.
Tax Extension Deadline Approaches September 15th is right around the corner and that means an important deadline is approaching for some people. Businesses that filed for a six month extension from March 15 have to file by September 15th. Are...