Tips From the IRS For a Happy Tax Season




KUER Local News show

Summary: Tuesday April 15 marks this year’s deadline to file federal income tax returns. IRS spokesperson Bill Brunson says even if you’re not sure you can make the payment, it’s much better to file or ask for an extension before the deadline passes than to do nothing at all. “I still would have a late payment penalty, but the late payment penalty is one half of one percent, as opposed to a 4.5% penalty for a late file,” he says. Brunson also says if you’re going to hire someone else to prepare your