Good news and bad for tax filing procrastinators

Take a wild guess Crypto confusion reigns as tax deadline nears

Also, if you filed in January or early February and claimed the refundable Earned Income Tax Credit or the Additional Child Tax Credit, the IRS by law was not allowed to start sending that money out until February 15. In fact, if the IRS owes you money, you don't even have to let them know you're filing late. You still have to file, that's the law.

Be careful with Roth conversions: If your tax bracket is dropping, this year could be an excellent time to convert your traditional IRA into a Roth, according to Ed Slott, CPA and IRA expert.

The most popular planned use of tax refunds, coming in at 43%, is adding the money to their savings.

If you plan to submit an extension form to the IRS, you must submit form 4868.

Procrastinators can take some solace in knowing that as of Friday 40 million Americans hadn't filed their taxes, according to the IRS.

Former US ambassador talks about Syria attacks
Russian and Iranian military help over the past three years has allowed Assad to crush the rebel threat to topple him. Moscow condemned the Western states for refusing to wait for OPCW's findings before attacking.

Instead, carefully gather and enter your Social Security number, income information and banking information, if needed. That's because the 15th is a Sunday and the following Monday is Emancipation Day, a federal holiday.

Here's the most important point: A tax extension does not change the tax payment deadline. Accountants can be relied on to advise how certain information may be listed on a tax return but be extremely cautious if a tax preparer advises you not to list something or to state false information because it is "unlikely" that you will be caught.

Davis is charged with conspiring to aid and abet the filing of more than 70 false tax returns, seven counts of aiding and abetting in the filing of false tax returns, and three counts of filing his own false tax returns. This will serve as proof of filing similar to certified mail, receipt requested. They said those instructions came from a co-owner of Fast Tax in Winston-Salem.

That doesn't mean you can put it off for months. So even if you owe more than you can pay right now, file your return and contact the IRS to set up a payment plan. It remains unknown if crypto investors took their earnings from the rise of digital assets in 2017 to pay this year's taxes, but the market is on an upward climb now.

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