Good
news! This year we get a few extra days to file our tax returns – until April
18th (19th in MD and DC). But what if you’re just not ready? Relax. File an
extension – no excuses needed. You get an extra six months to file. Use Form
4868 for personal extensions (check with your state for their forms). Oh, you
heard it’s an extension to file, not an extension to pay? That’s true. But they
will grant you the extension even if you don’t pay the whole balance due. By
filing the extension, you avoid the non-filing penalty of 5% per month...AND if
you really have a hardship when it comes to paying, there’s a special form to
give you more time to pay (Form 1127). Whatever your tax problem, TaxMama has
an answer - free at www.taxmama.com - click on Ask a Question. [Read more of my ideas and
suggestions here...]
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