Tax Day 2018: Taxes due today; how to file for an extension

Tuesday, 17 Apr, 2018

Hardee's: As part of its "Tastes Like America" campaign, the fast food chain is giving away free sausage biscuits from 7 to 10 a.m. Tuesday at participating locations.

If you pay the IRS your estimated tax on the phone or online, the taxman will automatically process an extension for you to file. Monday, April 16, is a Emancipation Day-a federal holiday-meaning Americans got a couple extra days to finish up their tax returns. "It is a lot of times due to the review of a tax return letter the state is sending out and people are just ignoring it and throwing it away".

The IRS says that electronic filing is the best way to avoid common mistakes. That's a fairly common move for taxpayers with complicated returns.

It's quicker than dropping something in the mail.

Penalties and interest charges will accrue for those owing the IRS who do not pay by the initial deadline Tuesday. It can be accessed at the IRS website at IRS.gov.

Most, if not all, Planet Fitness locations across the US are offering anyone, regardless if they are a member or not, to come in and receive a complementary HydroMassage at any time between now and April 21 with printed coupon. Some even misspell their own names.

There are some circumstances in which your refund may take longer. The IRS said that through April 6 it had processed 101 million returns and issued more than $200 billion in refunds. TurboTax now offers live on-demand video to communicate with a credentialed CPA or enrolled agent who can answer your questions.

One more thing, if you're still owed a refund from your 2014 taxes today marks your last chance to file and still get that money back.

You can fill out form 4868 today April 17th to get a six month extension, making your new tax deadline October 15th but that doesn't mean you're completely off the hook.

Monita Dejean, office manager for Jackson Hewitt Tax services, said it's important to file as soon as possible, even if you owe money to the IRS. "If you have a debt due it doesn't extend the date for payment". Plus, you can use a variety of payment methods to get the job done.

There are a number of reasons low-income households receive such large income tax refunds. You'll need to make an online appointment for your session, which will probably be short - one source says ten minutes - and you can also print out your coupon there. For example, if you do not pay your tax bill, you'll face a 0.5% penalty of the unpaid amount.

But most importantly, filing early helps cut down on the risk for identity theft by essentially beating the criminals to the punch.

The late filing penalty amounts to 5% of your unpaid tax every month or part of a month that it goes unpaid.