Happy (?) Tax Day!
{April 15, 2013}—Happy Tax Day, if you can call it happy! For all you procrastinators, midnight on Monday, April 15, 2013 is the tax filing deadline. Companies, such as H&R Block, and even the post office in your area may be working with extended hours to help accommodate the rush. You may also want to look into asking for a free extension through H&R Block or other tax filing organization; this would be opposed to a 5-25% penalty for filing after midnight tonight.
Here are some helpful tips and accommodations by the IRS:
If you owe money this year, the IRS has several options for you.
- You can pay online with credit or debit cards.
- You may request an installment plan where you're able to choose your monthly payment as long as it's paid off in 3 years.
- And if payments are troubling for you this year, the IRS has a website where you can assess your tax scenario, payments and penalties beforehand and avoid common errors.
Also, be careful not to miss helpful deductions in the rush of filing before the deadline.
Tax Day does not have to be all negative: Check out WRAL TV’s list of local freebies and discounts available today and this week in “celebration” of the tax deadline. Great American Cookie, McDonalds, Panda Express, Schlotzsky’s, Arby’s, and others are among the participating restaurants.
