I remember when tax season was pretty much over after April 15. Sure, there were extensions, but for four months and you had to justify an additional two-month grace period. Since the additional extension was mostly perfunctory, the IRS changed things and now grants a single six-month extension. No additional extensions are granted except in the case of a federally declared disaster area.
Yes, this year taxpayers have an extra 3 days to get their taxes filed or to file for an extension. And whenever a procrastinator is given more time, they will inevitably stay true to their nature and put off filing until the very last minute.
This behavior is so well known to professional tax preparers and firms that the Wall Street Journal recently published an entire Read More
The April 18 tax deadline is coming up. If you need more time to file your taxes, you can get an automatic six-month extension from the IRS. Here are five things to know about filing an extension:
1.Use IRS Free File to file an extension. You can use IRS Free File to e-file your extension request for free. Free File is only available Read More
We want to provide you with important tax dates and tax deadlines during 2016. Keep this list for reference throughout 2016! Check the list to ensure you have met all tax filing obligations for these dates.
January 15, 2016
January 15th is the tax deadline for self-employed people and for others who pay quarterly estimated tax to pay their 4th quarter 2015 tax payment.
January 19, 2016 Read More
Canada Just Passed Law Increasing Exclusion Rate For Capital Gains To 66.6%
Biden Proposes Highest Capital Gains Tax in Over 100 YEARS
What Is The BEAT For MNEs?
Event Waivers And Releases
Learn IRS Site Publications On Tax Credits That Are Not Easy To Find
Recent Comments