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Tax Attic: The end of tax filing season

Tax Attic: The end of tax filing season

In fact, if you're one of the millions of Americans scrambling to file your taxes by April 15 every year (except for years like this one, when Tax Day falls on April 17), be thankful it isn't 1914.

Garcia says if you get a threatening call from someone claiming to be the IRS, just hang up. Note that the form must be filed even if the company derived no income from USA sources related to the business or trade, and/or if any such income is exempt from US tax liability under a tax treaty. In addition, interest at a 4% annual rate is assessed for each day the amount of tax is not paid past April 17.

"Once this money is gone, it's gone and it's going outside of the United States and it makes these cases extremely hard to prosecute and try to determine where they originated", Ivens said.

While the Humboldt County main library in Eureka ended its volunteer income tax assistance program for the year on Wednesday, it still offers a variety of printed tax forms and booklets. The business itself does not pay income tax. They'll likely also continue to audit the individual in future years until they think their tax return contains no issues.

Sullivan recommends using the online DRS Taxpayer Service Center to reduce filing errors - and most often a timely refund - along with an immediate confirmation receipt.

Most domestic students rely on their parents for help in the tax process, Hutchens said.

If you're married, check into or ask your tax preparer if it's best to file a joint or separate return, because your combined income has an affect on monthly student loan payments.




Many people who didn't know they had to pay such taxes could end up in the crosshairs of the agency. The IRS also recommends keeping copies of your filed tax returns. I do have to say that the IRS, the software providers, and tax preparers have rolled with Congress' antics and those changes quite well. "If there's a middle initial on your Social Security card, you need to put your middle initial on the tax return".

"We haven't done that for years", Guse said.

"When you file electronically you will usually see your refund within three weeks. CPAs do not support a privatized IRS", the institute said in the statement.

Filing for an extension: Is it bad, and is there a penalty?

Actually, no. Some groups of US citizen are automatically given more time to file their taxes without asking for it or filling out paperwork. "A failure to file penalty is 10 times larger than a failure to pay penalty".

To get local post office hours, Fetterly suggested that customers go to usps.com, click on the "mail and ship" option, and scroll to the last selection, USPS locations, and enter your zip code.


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