Last-minute tips from IRS; e-file for convenience, faster refund


"It's a good thing, so just file your tax returns, be proactive, don't sit on it, go ahead and get it taken care of".

You can use any electronic filing method you choose, but it's worth noting that the IRS says about 70 percent of taxpayers are eligible to file their tax return at no charge by using IRS Free File software. This must take place as part of the electronic filing process - you can not initiate EFW after your taxes have been submitted.

So, what could happen if the IRS catches you for not disclosing your crypto gains/losses?

Looking to find the status of your refund? Tax Day 2018 is basically here already and you're nowhere close to hitting send on those tax forms.

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Procrastinators, don't despair. There is still time to file your taxes - but not much.

Those set to receive a refund from the IRS face no penalty for filing late with extension, but those who owe the IRS are urged to either pay as soon as possible or make arrangements with the IRS.

So on Tax Day, we should ponder the huge cost of government, while also considering whether it is healthy for democracy when such a small group carries most of the load.

Tuesday is Tax Day.

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The failure to file penalty is 10 time more than the failure to pay penalty.

Walker said her office has been in crunch mode the past few days, but you can still make the Tuesday deadline. But, some businesses are offering you a big pat-on-the-back with some freebies or discounts.

Tax rates have varied widely over the years, especially for the nation's highest earners, ranging from an initial low of around 7 percent in 1913 to a top rate of 91 percent in the early 1960s.

Sarasota post offices will be open until 5:30 p.m. Tuesday, according to the U.S. Postal Service. But if you still have questions, you can also speak with a tax preparer to help you request an extension. "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".

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"The final day the state will accept tax returns will be May 15th". Doing so will give them until October 15 to file but doesn't give them more time to pay. "Nearly 90 percent of tax returns will be filed electronically, with a similar proportion of refunds issued through direct deposit".