IRS extends call service hours to Saturdays on April 8 and 15

Taxpayers have an extra three days to file their taxes. A couple of reasons.

If you think it's because the tax filing deadline is a few days later this year, that's not it.

Lagarde says taxpayers that need an extension, can file paperwork to do so, but if they owe the federal government, then April 18th is the deadline for taxpayers to submit payment to the federal government. It's a holiday celebrated every year in Washington, D.C. that commemorates President Abraham Lincoln bill ending slavery in the city on April 16, 1862. But keep in mind that while an extension grants additional time to file, tax payments are still due on April 18. In 2016, more than 51 million taxpayers prepared and efiled their federal tax returns for 2015 as of May that year, according to efile.com.

A valid extension allows self-employed taxpayers to deduct certain retirement plan contributions on their 2016 tax return if the contribution is made by the extended filing date. "The interest rate is now four percent per year, compounded daily, and the late-payment penalty is normally 0.5 percent per month".

Garcia, Rose share Masters lead
Spieth said he needs some time to regroup. "There's nothing that says I'm going to play bad or that I should play bad". Other holes at Augusta National are more famous and adorn artwork but few are more hard than the par-4 first hole.

There is a common belief that you should be among the masses filing by the April deadline so you don't draw attention to yourself from the IRS and bring on an audit. Tax professionals are really busy at this time of year and you might have to file for an extension if you walk in at the last minute with a shoe box full of tax forms and receipts. Whether you file on the due date or the extension due date does not matter as much as that. The four debt collector companies that were chosen will be contacting taxpayers by phone in order to collect back taxes. There is no need to file a paper or electronic Form 4868 when making a payment with IRS Direct Pay, the Electronic Federal Tax Payment System (EFTPS) or by debit or credit card. The IRS has a pay as you go system. The form and instructions are available at your local IRS office, online at http://www.irs.gov/pub/irs-pdf/f4868.pdf, or through any e-filing service.

April 15 is creeping up on individuals and many people may still be scrambling to complete their income tax returns.

Where to start? There are many different types of tax forms that may be used in an income tax return. An estimated 13 million people are expected to file extensions, the IRS said."It's the nature of the beast", said Jack W. Long, managing partner of Exeter Township-based Long, Barrell & Co. And if you're filing online, you could run into a snag with your internet service, your IRS PIN or other records, or some other unwelcomed surprise. You can pay, review, and sign tax documents while e-filing with the app.


Popular
  • 'Itty Bitty' guard big in Bulldogs lore after UConn shocker

    'Itty Bitty' guard big in Bulldogs lore after UConn shocker

    TAKING DOWN THE TOP SEEDS: Mississippi State is looking to be the third team in NCAA history to beat three No. 1 seeds. SC players celebrate after defeating Mississippi State 59-49 in the Southeastern Conference Tournament final March 5.
    Hoffman leads Masters as injury forces Johnson's withdrawal

    Hoffman leads Masters as injury forces Johnson's withdrawal

    Charley Hoffman has seen his opening-round Masters lead cut to just one shot midway through the second round at Augusta National. In fact, he birdied all four par threes, a sharp contrast to his nine over on those holes in his previous three appearances.

    Trump aide urges defeat of Michigan member of Freedom Caucus

    House Speaker Paul Ryan said in a CNN interview in March that Congress would pass a debt ceiling increase and avoid default. Meadows said the "hope" is that a vote could occur before the recess, but they're not setting any artificial deadlines.
  • 3rd round at Masters a day of wasted chances for McIlroy

    The only man to overcome such a margin and win a major was Harry Vardon, who was 11 back at the 1896 British Open. He is two back in a tie for fourth with Ryan Moore, who came in at 69, and Charley Hoffman, who finished at 72.
    White House accuses Russian Federation  of covering up Syria chemical attack

    White House accuses Russian Federation of covering up Syria chemical attack

    More than 80 people were killed in what the USA has described as a nerve gas attack that Assad's forces undoubtedly carried out. The Russian Defense Ministry said Wednesday that those strikes were not as effective as the United States claims.
    Dustin Johnson out of Masters, Charley Hoffman soaring

    Dustin Johnson out of Masters, Charley Hoffman soaring

    Defending champion Danny Willett was the only player to make an eagle, but there were also 34 birdies and just one double bogey. And there is video proof that Charley Hoffman actually played Augusta National and not the local Pirates Cove putt-putt.
  • Disputed Griezmann penalty gives Atletico edge over Leicester

    It was deja vu for Leicester after another dubious penalty at the Vicente Calderon helped knock them out of the UEFA Cup in 1997. Leicester interest is debatable, Mundo Deportivo have claimed the approach as part of their build up to the Atletico match.
    Cubs, Maddon become first to use no-pitch intentional walk

    Cubs, Maddon become first to use no-pitch intentional walk

    The expectation of a winning team is now there. "Give him a lot of credit, he had really good stuff from the very beginning". Louis opened the scoring in its half of the third with a run built on the speed it didn't display much of previous year .

    Changed H-1B visa norms: Computer programmers to feel the heat

    The Trump administration has promised more investigations and prosecutions against companies that abuse the system. Can Trump act on his own? In fact, he hasn't even limited the cap on the number of visas that will be issued.
  • Kings XI demolish Royal Challengers by 8 wickets in IPL

    For the home side, Aaron returned with figures of 2/21 while Axar Patel and Sandeep Sharma took one wicket apiece. The bowlers of Punjab like Sandeep, Mohit, Swapnil, and Axar didn't allow the opposition to go past the 165 runs.
    UNC's national championship aided by late, but unreviewable, questionable call

    UNC's national championship aided by late, but unreviewable, questionable call

    The season began with an easy win over Utah Valley on November 11 and the Zags rolled to victories in their first 29 games. Still, you couldn't help but notice the officials getting more airtime than the players in the second half.
    Hot Spurs make impressive recovery against Oklahoma

    Hot Spurs make impressive recovery against Oklahoma

    Coming on the heels of Friday night's game in which OKC blew a 21-point lead against San Antonio , Sunday's game was disturbing. Add in another close out against the East-leading Celtics , and it stacks up among the Bucks' very best weeks of the year.

CONNECT