What to do if you miss the tax filing deadline

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The department offers two tax filing services: e-File provides a list of software providers certified to submit forms electronically, and using its online forms, which offer fillable online versions of tax forms for taxpayers that prefer to prepare their own returns. But how long is a tax extension?

"Most people file an extension because they have a complicated tax situation", Kate Haney, VP of tax at ASGN Incorporated told Moneyish.

Inflated refund claims: Taxpayers should be exceptionally skeptical of anyone promising inflated refunds in return for a percentage of the refund. Not sure where to mail your federal tax return?

You will need to supply a contact phone number, Social Security numbers for every filer, and a payment date. In most cases, an extension is automatically granted.

An extension can give you extra time to review IRA conversions to a Roth IRA. People involved in offshore tax avoidance are best served by voluntarily disclosing offshore money and getting caught up on their tax-filing responsibilities.

The IRS expects to receive around 17-million tax returns this week. "The changes are on a going forward basis, so it doesn't affect anyone's 2017 returns".

Taxpayers have until midnight on Tuesday to file their taxes unless they file for an extension, which CPA and tax attorney Paul Mancinone recommends if you haven't filed. The IRS tries to meet their audit targets by starting earlier in the year. Additionally, an accountant is not an auditor of your return, you are responsible for the information listed. But, they won't charge you with the late filing penalty of 5% per month.

"You want to get those taxes filed on time so you don't get a penalty for being late", Dejean said.

In Florida, more than 1.1 million taxpayers will file for the automatic six-month extension, giving them until October 15 to submit their returns. Your payments are still due by April 17.

Another thing to keep in mind, if you need more time, is to file for an extension, according to Roseman. The failure-to-pay penalty, which is the penalty for any taxes not paid by the deadline, is 0.5 percent of the unpaid taxes per month.

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