Tips to avoid tax turmoil
Whether you plan to file online, on your own -or with a a tax professional, your taxes must be post marked today to avoid any penalties from the IRS.
They charge a 5 percent fee on your unpaid taxes for every month – or part of a month you’re late.
Jennifer Baca of Phillips and Baca said if you’re experiencing tax turmoil, it’s best to act fast.
“Get a form 48-68, which you can get from IRS.gov, or you can get from a tax preparer,” said Baca. “You estimate your liability then you mail your form to the Internal Revenue Service. Then your extension is good until the 16th of October this year.”
Click here to be directed to the IRS extension page.
