Taxes

Normally taxes are due on April 15 each year, but sometimes that date falls on a weekend or a holiday (which happened in 2012).  This year, however, taxes are due on April 15, 2013, which falls on a Monday. April 15, 2013 is also the deadline for making a tax extension, so if you need [...]

The tax deadline always seems to sneak up on us every year.  If you’re like many Americans who wait until the last minute to file your taxes, you’ve probably wondered what would happen if you filed your taxes late or not at all. In section IRC 6651(a)(1), IRS is clear about assessing penalties if someone [...]

Filing a tax extension is simple.  If you need extra time to work through your tax documents and just don’t think you’ll be able to finish your taxes by the April 18th tax deadline, you can file for an extension.  Once you file the tax extension form, you’ll have until October 17th 2012 to file [...]

Every taxpayer is affected by Social Security in one way or another.  If you’re working, you’re paying into it – if you’re retired, you’re receiving payments as a benefit.  There’s no escaping the reach of Social Security! These 2012 Social Security tax changes will affect everyone, so it’s important to know what it means for [...]