The IRS; or, Tax Day

15 Apr

Married filing jointly?  Or married filing separately?

Don’t forget to do your taxes!  There are many MANY myths out there, but here is one I will dispel now: filing closer to April 15th does NOT reduce your chances of getting audited.  Right now, audits from 2007 and 2008 are being chosen.  How do I know?  In the Spring I sometimes work for a tax office.  So, filing closer to April 15th does only ONE thing: increases the time between you and your refund.

Also, just FYI, filing an extension if you owe does not mean you can put off owing.  If you owe and you file an extension and you don’t pay when you file the extension, you will owe what you owe, plus penalties.

Thanks for tuning in.  More tomorrow on the fiance.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: