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Posted by on Apr 18, 2011 in Biz | 1 comment

It’s April 18th…Are Your Taxes Done?

It’s April 18th…Are Your Taxes Done?

It’s April 18 already. Are your taxes done? If not, here are some stress-relieving ideas: Don’t Procrastinate Anymore – Resist the temptation to put off your taxes until the very last minute. Our office needs time to prepare your return, and we may need to request certain documents from you, which will take additional time. Don’t Panic If You Can’t Pay – If you can’t immediately pay the taxes you owe, consider some alternatives. You can apply for an IRS installment agreement, suggesting your own monthly payment amount and due date, and getting a reduced late-payment penalty rate. You also have various options for charging your balance on a credit card. There is no IRS fee for credit card payments, but the processing companies charge a convenience fee. Electronic filers with a balance due can file early and authorize the government’s financial agent to take the money directly from their checking or savings account on the April due date, with no fee. Request an Extension of Time to File...

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