It’s Tax Day! As of the end of last week, the IRS had received nearly 100 million returns, or about three-quarters of all the returns it expects to get this season. So if you haven’t filed yet, you’re in the minority. Still if you have procrastinated and are owed a refund, it won’t hurt to file late. Tax payers are only hit with penalties if you owe the government money.
It is still a smart idea to file for an extension; about 12 million taxpayers have requested extensions. The average refund is $2,792, up 1% from last year. Here are a few tips, tricks, and useful articles for the longest day of the year at the IRS:
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