If You Missed the Tax Deadline These Tips Can Help

Now April 15 has come and gone. If you didn’t file your tax return or an extension yet, you need to take action now. Below are some tips for taxpayers who missed the tax filing deadline:

• You should file as soon as you can.  If you owe taxes, you should file and pay as soon as you can. This will stop the interest charges and penalties or late fees that you will owe. IRS Direct Pay offers you a free, secure and easy way to pay your tax directly from your checking or savings account. However, there is no penalty for filing a late return if you have a refund. The sooner you file, the sooner you’ll get your tax refund.
• Use our service to do your taxes.  We can help to e-file your return for the price you can efforted.  No hidden charges.  E-files is the easiest, safest and most accurate way to file your tax return.  The IRS will issue more than nine out of 10 refunds in less than 21 days.
• Pay as much as you can.  If you owe tax but can’t pay it in full right now, you should pay as much as you can when you file your tax return. IRS electronic payment options are the quickest and easiest way to pay your tax due. You should pay the rest of the tax you still owe as soon as possible. Doing so will reduce future penalties and interest.
• Use the IRS.gov tool to pay over time.  If you need more time to pay your tax due, you can use the IRS Online Payment Agreement tool to apply for an installment agreement with the IRS. You can use this tool to set up a direct debit agreement. You don’t need to write or mail a check each month with a direct debit plan. If you don’t like to use the tool, you can use Form 9465, Installment Agreement Request to apply. You can get the form on IRS.gov/forms at any time.
• A refund may be waiting for you.  If you are due a refund, you should file your tax return as soon as possible to get it. Even if you are not required to file, you may still get a refund. This could apply if you had taxes withheld from your W-2 wages or you qualify for certain tax credits such as Earned Income Tax Credit.  If you do not file your return within three years, you could lose your right to your refund.

If you have any questions, please feel free to email us.

Your comments and feedbacks are welcome.

Source:  www.irs.gov.

Email:   Excellent-tax@gmx.com