Tax Day is April 17

Joanna Estrada
April 16, 2018

If you woke up in a panic realizing that today is April 15, relax.

We know what you're thinking: It doesn't matter how late I file my taxes, as long as I get them in before the deadline.

Be smart about charitable gifts: The new tax rule almost doubles the standard deduction to $12,000 for single filers and $24,000 for those who are married and file jointly.

Sanford from the IRS said it order to be considered timely it must bear that postmark of the final day of filing - in this case this year April 17.

It's quicker than dropping something in the mail.

To find out how much you have to pay, you can use the payment estimator provided by the IRS on their website.

Yes, it's crunch time but try not to rush.

Don't forget about state taxes, advised Lisa Greene-Lewis, tax expert for TurboTax.

You can still take steps to boost your refund.

This caller claims to be from the IRS, but it's a scam. In these, scammers pose as IRS agents and pressure victims by demanding Money or threatening jail time. He will offer free consultations for viewers who have questions.

One thing you should always do not forget to avoid being scammed during tax season, is that the IRS does not call and demand your personal information.

If you're getting a refund, the IRS would like you to file on time. If you do not pay your tax bill in full, the IRS will calculate penalties and interest on your outstanding balance.

An extension, however, serves to delay only any refund you have coming.

That doesn't mean you can put it off for months. You can also ask about other repayment methods or forgiveness by contacting the IRS.

Heidi Hutner, a writer and professor, likes to file her taxes as early as possible. The sooner you get started, the sooner you can start planning that summer vacation.

Davis is charged with conspiring to aid and abet the filing of more than 70 false tax returns, seven counts of aiding and abetting in the filing of false tax returns, and three counts of filing his own false tax returns.

According to the IRS, which has provided guidance on bitcoin (BTC) transactions for more than four years, cryptocurrency is considered to be property. And identity theft remains a common problem.

Other reports by Click Lancashire

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