Published: Tue, April 17, 2018
Business | By Kate Woods

Tax filing deadline is April 17

Tax filing deadline is April 17

"What we try to do when someone comes in here to get an extension is to do the best we can to rough out their tax return, and figure out whether they've had at least 90 percent of what they owe withheld. Neither are good options", Agel said.

There is no reason not to, as long as your return is postmarked or electronically submitted by April 17th, 2018, and your payments are submitted then as well. "It's just you're hard-earned money that you have been lending to the CRA for nothing, so it's important that you spend the money wisely", Waters says.

The IRS has changed due dates of other returns such as 1099s, S-corps and partnerships in an attempt to get the documentation to the taxpayer in a more timely basis.

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By law, any American whose gross income is over $10,000 (or $25,000 for married couples filing jointly) or who earned more than $400 from self-employment must file a federal income tax return.

To keep Uncle Sam happy, pay your taxes by the April 17 deadline.

Some tax professionals believe that filing an extension will lower your chance of being audited by the IRS. Perhaps best of all for everyone who dreads the days (or even weeks) it takes to file their taxes, this is the a year ago we will ever have to file under the old tax code.

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Once again, it's time to ponder Benjamin Franklin's words: "In this world nothing can be said to be certain, except death and taxes".

Boston Market. On Tuesday, April 17, any guest who dines in-restaurant at Boston Market can get a $10.40 Tax Day Meal Special, which includes a Half Chicken Individual Meal with 2 sides, cornbread, a regular fountain beverage and a cookie. This will protect you from a failure-to-pay penalty. In 1955, another tax overhaul pushed back the deadline an entire month, to April 15, giving the government more time to hold on to tax dollars before paying any refunds it might owe. The only complication is that the site seems to list normal post office hours-some locations offer extended hours on Tax Day. Filing an extension gives you an extra six months to fund these plans.

The federal income tax system is created to be progressive, which means the more taxable income you make, the higher the tax rate. The federal extension must include an estimated payment if you are likely to owe taxes.

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If you are interested in filing for an extension, Williams says you can either drop into a location like Liberty Tax or H&R Block or, you can fill out the paperwork online.

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