You'll want to avoid this charge.
. While many people will receive refunds , some may end up owing money in the event that not enough was withheld from their paychecks, or if they are self-employed. Doing taxes can be daunting in general, but now the IRS is sending out an additional important warning to avoid a hefty fine. Read on to find out what you need to remember when filing this year.To avoid a fine, be sure to file your return or request an extension by Tax Day, April 18.
This year, the final day to file your tax return or request an extension is April 18, rather than April 15, as a result of the Emancipation Day holiday in Washington D.C. Taxpayers in Maine and Massachusetts also have an extra day due to the Patriots' Day holiday, but are required to file by April 19. If you were affected by a natural disaster, you have even more time to file, according to the agency.
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