Tax Extension Deadline: What You Need to Know and Do Before Midnight Tonight!
If you extended your 2016 tax return back in April, it's due at midnight tonight (Monday, October 16). That's it! There are NO more extensions. So, What do you need to do? Watch Tracy Byrnes video to find out!
Have you filed your 2016 tax return yet? Well, what are you waiting for?
If you are one of the almost 12 million people who put their tax returns on extension back in April - your drop dead deadline is midnight October 16 - you're get an extra day because the 15th falls on a Sunday.
Just make sure your return is postmarked the 16th and you're good.
Whether you owe money or not (which you probably do because lets be real -- that's probably why you put your return on extension to begin with) at least get the return out.
If you don't, there is a Late filing penalty that is 5% of the balance due per month. 5%! that could be huge - so just get the return out
Caps and gowns abound this time of year. But before you buy another cheesy "You Did It!" statue for your favorite graduates, take 60 seconds and watch this video for some gifts that can set them up financially.
Using all those gift cards you got this holiday to catch some post-Christmas sales? Well be careful. Not every deal is as good as it looks! Watch this 60 Second Tip by Tracy Byrnes to find out more about online shopping's dirty little tax secret.
The typical stock sector rotations normally seen at the end of the year could be pushed to early 2018, as the government is close to passing a massive tax reform bill.
Tax Cuts and Jobs Act (TCJA) of 2017 passed and while most of it pertains to your 2018 tax year, there still are a ton of things you can do now to save some money in April. So watch and get on it!
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