Did you miss the April 15 Deadline?
Believe it or not, every year many Americans forget to file their tax return by April 15. For whatever reason they believe this is not a big deal, or simply overlook the fact that they have to get their return off to the IRS by this date. Is this something that you are worried about right now? If so, there is no reason to panic just yet. Just because you didn’t file your return by the deadline it doesn’t mean the IRS is coming after you. But you do need to make the right changes to ensure that you get things taken care of.
The most important thing to remember is that you need to move fast. Penalties begin to add up when you have a balance that is due and not paid by April 15. So with each day that goes by you are going to find your liability growing. Is this something that you want to deal with? Probably not. For this reason, you need to get your tax return completed and sent to the IRS along with any money that you may owe. If you are due a refund, your situation is not nearly as complicated but you still need to file a return.
The best advice is simple: file your return as soon as possible no matter what it takes. This may mean hiring a professional, using tax software, or spending a day on this task yourself. Waiting any longer is not going to work in your favor.
If you missed the April 15 deadline now is the time to get on the ball. You are not going to jail, but you may find yourself swimming in penalties soon enough if you do not act fast.
