Sunday, 20 October, 2019

Tuesday is the deadline to file taxes

7 valuable tax tips for last-minute filersMore 7 valuable tax tips for last-minute filersMore
Patty Aguilar | 19 April, 2018, 17:57

For Americans, Tax Freedom Day 2017 was April 23.

With people waiting until close to the final day to prepare their taxes, Gardner said customers should come to the office prepared. So while all average individual taxpayers will see an after-tax income bump of 2.2 percent in 2018, according to an analysis by the nonpartisan Tax Policy Center, that benefit changes over time.

"So many people are seeing the benefits of the Tax Cut Bill", Trump tweeted from his Mar-a-Lago resort in Florida. The state tax deadline is typically the same day as the federal deadline. Filing an extension is a generally the best financial move, because failure-to-file fees cost more than failure-to-pay. We pay sales tax almost every day, and gas tax whenever we fill up at the pump. He signed the Tax Cuts and Jobs Act in late December, and spent January and February touting the law, taking every opportunity to credit accelerating economic growth, employee bonuses, new jobs, and wage gains to the overhaul.

P&G Nears Deal to Acquire Merck KGaA's Consumer-Health Unit
Merck put the the unit up for sale a year ago as it pumps money into testing new drugs such as the cancer medicine Bavencio.

NFL Draft: Jets Wire's Top 30 Big Board Part 2
All three teams achieve the main goal of what they initially wanted heading into the draft , while still retaining draft picks. Will it be Sam Darnold or Josh Allen? Though time will tell if these highly-touted players will pan out as pros.

Plane crashes near Belfast Airport with emergency services at the scene
According to a spokesperson for the airport, the aircraft was not destined to land there and the airport is "fully operational". The aircraft crashed in the vicinity of Nutts Corner, Crumlin, Antrim at around 12.20pm this afternoon.

While Patterson said she anticipates an added layer of stress this day next year, she said she is glad the frenzy of this year's filing is coming to a close.

Unbelievable what some major tax reforms and tax cuts in paychecks will do to public opinion. But the agency still expects Americans to pay their taxes on time. The automatic extension is for filing only; if you estimate you will have tax due on your return, you should make an extension payment on or before April 17, 2018.

North Carolina's adoption of a flat income tax rate - after years of having a graduated income tax rate - has made our tax code more upside down, asking less of those with the highest income. Keep in mind that if you file for an extension, you're also delaying your refund, which will typically be available within 21 days if you file electronically. Since 2010, the agency's total budget has fallen from about $14 billion to $11.5 billion, The New York Times reported, and its staff has shrunk by about 15 percent since 2012.

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