Tuesday, October 15, 2013


I know I reminded you in yesterday's special BUZZ edition - but the reminder needs repeating.
Today is the final deadline for filing your 2012 federal Form 1040 and corresponding state tax returns.  It is very important that you get your 1040 in the mail today, even if you cannot pay all, or any, of any balance due.

The penalty for late payment of any tax due is .5% (1/2 of 1%) of the tax due per month.  The penalty for late filing is 5% of the tax due per month – 10 times more!
And, because of the mucking fess resulting from the government shut down, it couldn't hurt to mail your return via Priority Mail or registered mail to document the postmark.
So get thee to the Post Office!

PS - Kay Bell provides an additional reminder that October 15 is not just about GDEs in her post "4 Oct. 15 Tax Deadlines: 1 Filing, 3 Retirement Related" at DON'T MESS WITH TAXES.

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