3 Tax Tips for Tax Day 2011
Tax Day is the only day more frightening than Halloween. But you can make Tax Day 2011 a little less stressful by educating yourself with these three tax tips. Federal Taxes Aren’t Due Until April 18th
Everyone knows that April 15 is tax day, but this year it’s a bit different. Emancipation Day, a holiday commemorating the ending of slavery in the District of Columbia, will be observed in Washington, DC on April 15. So, the date to file or request an extension for federal taxes has been pushed back to Monday, April 18, 2011.
State taxes may be due earlier, though, so double-check to be sure.
You Can File Taxes Online for Free
Think you need to hire a certified tax expert to file your return? Think again. There are several online tax-filing programs out there that can help you file your tax return for free.
The Internal Revenue Service also offers an online free tax-filing service (for those earning $58,000 or less annually) at its official website: http://www.irs.gov/.
Don’t Pay Your Taxes With a Credit Card
If you choose to pay your taxes with a credit card, you may be charged a “convenience fee” of 2 to 4 percent of your total payment. So, if you owe $1,000, you could be charged an additional $40 just for the luxury of charging it! Use your debit card or cut a check to avoid these silly fees.
Forking over your hard-earned money to Uncle Sam is never fun. If you owe on your taxes, why not offset the cost by finding a more affordable insurance policy?
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