Wednesday, April 15, 2026

WHAT’S THE BUZZ, TELL ME WHAT’S A HAPPENNIN’?

 

It is very, very important that you get your federal and state GDE (the “E” is extension) in the mail TODAY.  Take the envelope(s) to the Post Office and hand it/them to a postal clerk and watch him/her stamp the postmark date on it/them.

The penalty for late payment of tax is ½ of 1% (.005) per month.  The penalty for late filing is 5% (.05) per month.

* The IRS has released its list of the “Dirty Dozen tax scams for 2026: IRS reminds taxpayers to watch out for dangerous threats”.

* The NATP blog explains “What every client {taxpayer} needs to understand about taxpayer responsibility” –

The IRS holds the taxpayer legally responsible for the accuracy of their income tax return, even if a professional prepared it.”

* And NATP explains “How to receive the $1,000 Trump {Section 530A} Account deposit”.

* As he does at this time each year Russ Fox is providing his Top Ten list of “Bozo Tax Tips”.

TTFN













No comments: