The tax deadline to file your 2011 tax return is April 17, 2012. If you are unable to file your return by the due date, in most cases you will want to file for an automatic tax extension. Here is a look at all that you need to know about filing for a tax extension, [...]

The April 18th tax deadline has passed and you failed to file your tax return or request an extension.  Whatever the cause for not filing your return, you must make a decision regarding your next course of action and quickly to remedy the situation.  Do not convince yourself that the IRS will simply overlook the [...]

Most American taxpayers know that their tax returns must be filed by April 15th each year.  There are occasional exceptions when the deadline for filing your tax return falls on a day other than the 15th, with 2011 being one such exception.  This year, filers will have until April 18th to file their tax return without being [...]

If you are unable to file your taxes before April 15th, you can request a 2009 Tax Filing Extension. It’s important to understand that filing an extension for time to file your taxes is not the same as filing for an extension of time to pay taxes due. If you owe taxes, they are still [...]

Tax penalties are becoming a reliable source of income for the US government. They take in so much money in penalties each year that they include that number in forecasts for future revenue. The IRS knows taxes are complex and individuals will always make mistakes on their taxes and the IRS will always be able [...]

For the estimated 10 million Americans who requested a tax filing extension with the IRS or their State for the typical April 15th filing deadline, realize that this extension was only good for 6 months or until October 15th, 2009. As you probably know, you had to submit an estimated payment with this extension (if you are self-employed or don’t work for a company) because any filing extension is not an extension to pay but an extension to file. Essentially, an extension would have prevented a taxpayer from incurring any late filing penalties with the State or Internal Revenue Service. For any amount owed though, interest accrued for the amount owed for the last 6 months.