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even more reasons why you should file your taxes as early as possible

even more reasons why you should file your taxes as early as possible News Article With The full text news. The Resource Link is down the post and you can View this News Article in the source page.



even more reasons why you should file your taxes as early as possible

we’ve mentioned before that you should file your taxes as early as possible to thwart identity thieves and give yourself time to make payments. if that’s not enough motivation, here are a few more reasons.

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as personal finance site money ning points out, if you’re buying a house or filing a fafsa, you need to include tax return information. putting off your taxes can take those processes take longer as well. on top of that, if you wait until april to file your taxes, and it turns out you need an extension, it can cost you in fees:

tackle them sooner if your taxes are a headache. you’ll catch mistakes and missing paperwork early enough to buy some time without having to file for an extension. the biggest risk with an extension is that you owe taxes in full on april 15, before you even know exactly how much you owe. if you can’t pay, the irs can charge penalties and interest until you do.

taxes are an annoying yearly event that none of us enjoy doing, but all signs point to life being better if you file them sooner rather than later. you can check out the full post below for more reminders of all the ways life can go wrong if you don’t file early. take it from me.

a few weeks ago, i got a letter from the irs saying my taxes had been filed twice, which was… read more read more

5 good reasons to file your tax return earlier rather than later | moneyning

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p o by john morgan.