Last minute tax tips - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Last minute tax tips

Posted: Updated:
  • Heartland NewsMore>>

  • Veteran to walk the length of Illinois to raise awareness

    Veteran to walk the length of Illinois to raise awareness

    Wednesday, July 23 2014 7:46 PM EDT2014-07-23 23:46:30 GMT
    The distance from Cairo, Illinois to the Wisconsin border is 435 miles. Will Trow will walk every mile.
    The distance from Cairo, Illinois to the Wisconsin border is 435 miles. Will Trow will walk every mile.
  • Debate about whether “Right to Farm” is right for Missouri

    Debate about whether “Right to Farm” is right for Missouri

    Wednesday, July 23 2014 7:45 PM EDT2014-07-23 23:45:00 GMT
    It’s a heavily debated issue that will come to a vote on the August ballot. It’s called "Right to Farm" or Amendment 1.Many farmers say it would protect them from too much government regulation, but other locals say it would keep the government from protecting the environment.
    It’s a heavily debated issue that will come to a vote on the August ballot. It’s called "Right to Farm" or Amendment 1.Many farmers say it would protect them from too much government regulation, but other locals say it would keep the government from protecting the environment.
(KFVS) - The tax filing deadline is Tuesday and for those who procrastinate, here are some last minute tips.

If a taxpayer feels there is not time to finish taxes by the April 15 deadline, irs.gov offers the Form 4868 for an extension.

This option may offer a taxpayer an extension up to October 15.

However, there are stipulations as well as fees and penalties if taxes are paid after October 15.

Click here to fill out a Form 4868.

Payment plans are also available through the Internal Revenue Service if a taxpayer owes money and cannot pay it in one lump sum.

The IRS also allows taxpayers to file online. If a person has an adjusted gross income of $58,000 or less, IRS's Free File program is available through its website.

This is an option for those who cannot afford a tax software or accountant.

It is also an option for those who do not have time to file through the mail.

Business owners keep in mind that the IRS does not recognize Bitcoins as currency, but rather as property.

April 15 can be a stressful day!

That is why some restaurants like Sonic and Arby's offer free items and/or discounts on Tuesday.

It never hurts to ask your favorite place if it offers the same specials.

Copyright 2014 KFVS. All rights reserved.

Powered by WorldNow

310 Broadway
Cape Girardeau, MO 63701

FCC Public File
publicfile@kfvs12.com
573-335-1212
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KFVS12. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.