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Tuesday, April 15, 2008

About Taxes: Happy Tax Day

About.com   Taxes
In the Spotlight | More Topics |
  from William Perez
Ok, happy might be an overstatement. Today's the day when tax returns and tax payments need to be submitted to the IRS. But hopefully we can make the day go just a little bit happier with these tips.

 
In the Spotlight
Ask for More Time with an Extension
The IRS will give you an extra six months to file your returns. All you need to do is fill out Form 4868 and drop it in the mail. Or better yet, file an extension electronically with your tax software....read more

 
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Prepare Your Returns using Software
There's no better way to take an organized and methodical approach to your tax return than using a top-notch software program. The nice thing is the program forces you to go step by step so you don't forget anything essential. Shelley Elmblad compares the two most popular programs: TaxCut and TurboTax.

 
Estimated Tax Payments are Due
This year I decided to schedule all of my estimated tax payments using EFTPS, an online bill pay service run by the Treasury Department. It took me a while to get set up on the system, but once everything was set up, I scheduled all of my 2008 payments without a hassle.

 
 
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Get all the advice you need for tax preparation, from gathering documents to budget planning and tips for saving more.

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