Tax filing deadline April 17th at midnight

Let's be rational

The IRS offers the Offshore Voluntary Disclosure Program to enable taxpayers who have previously hid money and income offshore to voluntarily disclose this fact and catch up on their filing and tax obligations. Sickness, death, births, divorces, unexpected job changes, and natural disasters all can stop you from focusing on your tax return.

Filing date for state income tax returns is May 15. If you request and are granted an extension, you'll have until October 15th. But if you owe taxes, and didn't pay (or underpaid), you will likely face small penalty for underpayment or late payment, along with interest.

Instead, the IRS website should be your first stop for finding answers to most basic tax questions. It's time to pay Uncle Sam. The new tax plan passed at the end of 2017 will not be in effect this year, because technically payers will be filing 2017 taxes, not 2018. But the 15th fell on Sunday, and the following Monday was Emancipation Day, a legal holiday in the District of Columbia, so the deadline moved to Tuesday.

The federal income tax system is created to be progressive, which means the more taxable income you make, the higher the tax rate.

Excessive claims for business credits: Taxpayers should avoid improperly claiming the fuel tax credit.

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Tax rates have varied widely over the years, especially for the nation's highest earners, ranging from an initial low of around 7 percent in 1913 to a top rate of 91 percent in the early 1960s.

Curtis says it's important to get due taxes paid on time because it could come back to hurt you down the road, especially if you're in the market for a new home. Your taxes simply aren't going to get done.

Boston Market is promoting a $10.40 tax day meal that includes a half chicken with two sides, cornbread and a drink. This is the past year for a long time that you will be able to deduct state and local taxes that equal more than $10,000.

Free File Alliance is a nonprofit coalition that provides free electronic tax services for people with an adjusted gross income of $66,000 or less, between the ages of 17-50, active duty military, or qualify for the Earned Income Tax Credit.

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