Last minute tax tips before Tuesday's filing deadline

Georgetown University’s H.R.H. Prince Alwaleed bin Talal Center for Muslim Christian Understanding received $20 million from Saudi Prince Alwaleed bin Talal. The center promotes propaganda not allowed under the university's tax-exempt status

Last minute tax tips before Tuesday's filing deadline

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.

Yogi Adityanath announces commission for Dalits
State government, however, has transferred the case to CBI, and left it over the national agency for Kuldeep Singh's arrest. The teen, from Uttar Pradesh's Unnao district, had accused the MLA and his associates of raping her in June 2017.

Russian ambassador to U.S. threatens with consequences for strikes on Syria
Some Russian statements indicated that the Syrian events were a false flag and might have been done as a pretext to attack Syria. Russian Federation has questioned the rationale for United States air strikes on Syria, which have lit up the Damascus sky.

More than half of the United Kingdom wants public vote on Brexit deal
The People's Vote campaign is aiming to unite anti-Brexit groups and a rally is taking place in Camden, London on Sunday. Asked what he would say to people who voted for Brexit, he told the programme "what we are doing is in their benefit".

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.

Latest News