www.foxbusiness.com – It’s perfectly understandable to procrastinate on filing your taxes. After all, if you’ve worked at more than one company in the last year, filing could involve multiple W-2 or 1099 forms –and potentially the disagreeable task of dogging former employers for necessary information. Click here to read or watch more IRS Help resources.
Not to mention that filing taxes can be expensive, with the National Society of Accountants estimating that the average tax professional charged $261 for an itemized Form 1040 and state tax return in 2013. That cost would chip away at the return you’re looking to receive in the first place –or add to the sum you’ll have to pay.
With the April 15 deadline just a few days away, time is running out for those who have yet to file their taxes. Luckily, there are many online and offline services that can help you submit your return on time. The time and money spent filing are worth the burden when weighed against the prospects of IRS penalties, audits or worse.
Read more about 3 Tips for filing your taxes last minute.