Filing Deadline Extended

The good news is that your 2006 income tax return isn’t due until April 17, 2007. Because the April 15 deadline for filing income tax falls on a weekend day, the IRS typically adjusts the deadline to the next business day. However this year April 16 is a holiday (Emancipation Day) in Washington, D.C., so the IRS has set the deadline for April 17 nationwide. The bad news is that that’s five weeks from today. It may seem like you have plenty of time until then, but preparing now will save you money later.

Overcome your fear of finance and get to work on your tax paperwork. Before filing your return, remember to read up on recent tax legislation to see if the new laws will save you money. After filing, remember to do your own filing. Check our recordkeeping guidelines to be sure you have what you need to adequately document your 2006 year in taxes.



   Posted in Money Saving Tips, Tax Information |    

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