to the final 11 days left of the tax season! As we head down the home stretch,
here are some things that you may need to know as you wrap up your 2013 taxes
and start looking towards next year.
- First, slow down. Yes, you only have a week and a
half left to file, but take enough time to make sure you don’t overlook a tax
benefit or miss filing a form. The IRS will not catch an overlooked
- Delaying past April 15 may mean a
penalty. If you
think you will need more time, you can extend with IRS form 4868, Application for Automatic Extension of Time
To File U.S. Individual Income Tax Return, available at IRS.GOV. Remember
though, an extension to file is NOT an extension to pay any amount due that you
- April 15 and estimated tax
payments. If you
make estimated tax payments, April 15 is also the due for the first quarter
estimate. Estimated taxes are used by
taxpayers to help prepay the tax liability for the upcoming tax year.
have this year’s taxes under control, it’s time to set yourself up right for next
- Review your current pay and
you have too much, not enough or just the right amount being withheld? If it’s
not right, adjust it for next year.
- Save for retirement, save on
taxes. Does you
company offer a 401(k) or similar type of employee contribution plan? If so, start contributing or increase your
contributions as much as you can. This will not only help lower your taxes
today, but will help you start planning for your retirement.
importantly, if you have any questions, call your local Jackson Hewitt office
to make sure you don’t miss anything in the rush of the last two weeks of tax