Earlier is better when it comes to working on your taxes but many people find preparing their tax return to be stressful and frustrating. Fortunately, it doesn’t have to be. 426 more words
Tags » Tax Extension
The IRS began accepting tax returns on Tuesday, ushering in a new tax season.
As usual, taxpayers have until mid-April — April 17 to be exact — to submit their returns to the federal agency, unless they file for an extension. 331 more words
For a variety of reasons, many Americans need to file an extension each year. But many still misunderstand what a tax extension really means. Yes, it’s true when you file a tax extension you get an additional 6 months to file your tax return; however, in the rush of filing taxes late, many of those same people may miss valuable tax deductions which can reduce their taxable income. 444 more words