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Tuesday, October 21, 2008

About Taxes: Missed the October 15th Deadline? Here's What to Do

About.com    Taxes
In the Spotlight | More Topics |
  from William Perez
With the 2007 tax filing season just over, the IRS has begun releasing data about the 2009 tax year. There's updated figures for retirement plans, standard deductions, and the marginal tax brackets.
 
In the Spotlight
Missed the October 15th Deadline? Here's What to Do
Missing a deadline may not be that big of a deal. Just get your tax return filed as soon as you can. The most important thing to remember, is there won't be any penalties as long as you have a refund. If you owe, you can save money on the penalties by filing sooner rather than later....read more

 
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Updated Tax Figures for 2009
The IRS has released a wide variety of inflation-adjusted tax figures for the upcoming year. Some of my favorite numbers so far are the higher dollar limits for avoiding the gift tax and for saving in a 401(k) plan....read more

 
Tax Rates for 2009
The IRS has released the income ranges for the marginal tax brackets for 2009. The income ranges are adjusted each year to take inflation into account. Inflation-indexed results in wider tax brackets, meaning that more income will fall into lower tax brackets. Here's all the tax brackets and their income ranges.

 
 
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