Congratulations! But you're not done yet. If you haven't filed, there are a few things to keep in mind when preparing your return. The IRS had provided help with filing your taxes and adding cryptocurrency since March of 2014.
Offshore tax avoidance: A recent emphasis of the IRS, the IRS is continuing to take action against taxpayers that hide money and income offshore.
Consumers should pay particular attention to how they budget their larger paychecks to make sure the extra money that would have ended up in their tax refund check doesn't get spent mindlessly. You will owe interest on any amount not paid by the April 17 deadline, plus you may owe tax penalties.
Almost 1 in 10 tax filers takes advantage of an even further delay that IRS automatically grants: The 6-month extension. After doing so, you may want to adjust your W-4 at work. The failure-to-file penalty can be as much as 25% of taxes due. Certain deadlines falling on or after December 4, 2017 and before April 30, 2018, may be granted additional time to file through April 30, 2018. It's now only legit to deduct if you are using the loan to "buy, build or substantially improve" your dwelling. She said some people miss out when their tax status changes because of a life event like a new house or a baby, and in the rush to finish their taxes, they leave a big potential deduction associated with their changed tax status on the table.
The Arizona Department of Revenue is reminding the public that the deadline for taxpayers to file taxes is Tuesday.
Man City wins Premier League after United loses to West Brom
Manchester City have been a cut above the rest all season, and now they are confirmed as the best team in the Premier League . City had won nine consecutive league matches, a club record for a single season, to open up an eight-point lead at the top.
Celtic en route to Scottish treble after Rangers rout in Cup semis
Tom Rogic , Callum McGregor, Moussa Dembele and Olivier Ntcham scored Celtic's goals against Rangers , which had Ross McCrorie sent off early in the second half.
Boulder could see some snow and high winds today and on Saturday
The Weather Service recommends that residents use the drills to practice what you would do if it were a real tornado. The National Weather Service storm survey team continues with new areas being looked at in Lavaca.
That doesn't mean you can put it off for months.
Paying off debt is another priority when it comes to planned uses of tax refunds. Accordingly, intentionally filing returns with false information can lead to penalties, audits, or worse, criminal charges.
"I like the Roth, because it removes the uncertainty of what your future tax bill might be".
Good news for tax procrastinators: You have a little more time than you think to file your federal income tax forms.
Preview your 2018 taxes: After tax season, check in with your accountant or financial pro and ask her to create mock 2018 returns.