April 17 is tax-filing deadline


Income from Social Security - both retirement and disability benefits - is non-taxable if that's the only type of pay received for the year. Though the amount owed per person may not seem substantial, when totaled this money makes a huge difference in our ability to provide the city services that our residents, workers and visitors expect.

The list also serves as a reminder that consumers are legally responsible for the information submitted on their tax return, even if it is prepared by someone else.

IRS And U.S. Treasury impersonation scams can be reported to the U.S. Treasury Inspector General for Tax Administration at www.treasury.gov/tigta or 1-800-366-4484. If there is a legitimate reason that you can not, get an approved extension as soon as possible, make the necessary payment of estimated taxes, then work out payment terms with the IRS to minimize any damage.

The vast majority of the time you will be contacted with a letter first.

We asked tax experts Sudhir Kaushik and Archit Gupta Founder & CEO, ClearTax to spell out the steps one needs to take to ensure one gets the refund in good time.

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Access to IRS forms and Free File partners is available at https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free.

It's tax season, which means nearly all tax returns need to be submitted by next Tuesday, April 17th.

If someone else claims you as a dependent, you don't have to file an income tax return if you make less than $6,350 from being someone else's employee and have less than $1,050 in income from investments; the threshold for self-employment also applies here.

"If there's any kind of a tax issue, they always will send you something in the mail", Welch said.

Indianapolis, In. - The deadline to file tax returns is Tuesday, April 17.

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"By enhancing customer service, improving the IRS' vastly outdated IT infrastructure and modernizing the appeals process, we are confident these bills will".

As the tax filing deadline approaches, the IRS released a warning about scams impacting Metro Detroit. On paper returns, mistakes include making math errors, misreading tax tables, leaving off signatures and dates on forms, failing to attach all needed forms to the 1040, and sending forms to the wrong IRS processing centers. That window closes for 2014 on April 17; the end of the current filing season. That's right, the IRS can and will come after you for the debts of your parents. Because the decision will impact you legally and financially, it's important to enlist the expertise of an attorney and tax advisor to help you understand the pros and cons of each option. But if you skip filing, you forego the chance to claim that refund.

Does everyone need to file for an extension? "That money is just waiting to be claimed".

We'll cut to the chase here about filing for an extension: No, it's not bad - as long as you do it on time.

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