TAX TIME TICKING AWAY: ARE YOU READY TO FACE THE IRS?

SLACKERS REVEALED: 88 MILLION STILL NEED TO FILE!
Haven’t tackled those taxes yet? You’re part of a staggering statistic! Out of an eye-popping 140 million expected filers, a measly 52 million have dared to submit their 2024 income tax returns. What are you waiting for? The clock is ticking!

LAST CALL: TAX DAY IS APRIL 15 – ARE YOU PREPARED?

Mark your calendars, folks! Tax Day sprints toward you on Tuesday, April 15. This is your final chance to throw in all those tax documents and make at least a partial payment if you owe the money-hungry IRS. Miss this date, and you’re asking for trouble!

STATE TAXES: TIME TO SOUND THE ALARM!

Nine states—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming—are the lucky ones that don’t snag state income taxes from your paycheck. But for the rest of us, the deadline usually mirrors the feds! Head’s up: Some states like Hawaii and Delaware have different cutoff dates! Hawaii gives you until April 21, and Delaware? Try April 30! Don’t let state tax surprises ruin your day!

TIME RUNNING OUT: DO YOU KNOW THE RULES ABOUT EXTENSIONS?

Need extra time? Depending on where you live, you might need to jump through hoops to get an extension! In some states, if you don’t ask for a timeout before the deadline, you’re stuck with those looming penalties. Just remember, even if you file for an extension, you must cough up any taxes due by April 15 or risk hefty fines!

DON’T GET CAUGHT IN THE TAX TRAP!

Your last chance to file without penalties is April 15—mark it! You can request an extension without giving any excuse. Just ensure you file that request in time, or penalties will rain down upon you! If you get lucky and your extension is approved, your new deadline becomes October 15!

TAX DAY BLUES: WHAT IF YOU MISS THE DEADLINE?

Failing to meet the tax deadline? Ouch! Brace yourself for those financial consequences! Expect a nasty penalty of 0.5% every month on what you owe, slipping up to 25%! But hold your horses—if you have a valid reason, like a natural disaster or a family emergency, the IRS might cut you some slack. Still, you have a limited window to claim unfiled tax refunds—after three years, Uncle Sam pockets it!

PANIC ALERT: CAN’T PAY YOUR TAXES?

Feeling overwhelmed? If you can’t pay, still submit your return! Even a partial payment can reduce incoming penalties! The IRS is willing to work with you, offering repayment plans that you might just qualify for! Depending on your debt, you might even go for a longer payment period with their help.

TIME IS SLIPPING AWAY! GET THOSE TAXES IN OR FACE THE MUSIC!

Don’t let procrastination cost you big time! Act now, or risk falling victim to the wrath of Uncle Sam! Get informed, get organized, and dodge those penalties—TIME IS RUNNING OUT!

photo credit: money.com