7 valuable tax tips for last-minute filersMore
Trump, who took advantage of the extension past year as well, will now have until October to file his taxes with the Internal Revenue Service. The agency is having difficulty receiving returns from tax preparers, including large companies such as TurboTax maker Intuit Inc. and H&R Block Inc., acting IRS commissioner David Kautter told House subcommittees on Tuesday.
The agency also said that taxpayers "should continue filing their tax returns as they normally would".
To fix the problem, the newspaper reports the IRS will attempt the tried and true method of hitting restart on the system.
To file an extension, all you have to do is go to the IRS website, download the form 4868, but it's important to note that submitting an extension gives you more time to file your return, not pay your taxes. Both said that they will hold onto customer tax returns and file them as soon as the IRS system reopens.
"Between today and tomorrow hundreds of people", said Sharpe Income Tax CEO William Sharpe.
The IRS' Direct Pay option now says the option is unavailable.
"To have a valid extension generally - you need to pay in 90% of the tax due at the time of the filing, so in that case by [April 17]", Speiss said.
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Western Digital (WDC) Expected to Announce Earnings of $3.26 Per Share
On Monday , November 27 the stock of Western Digital Corporation (NASDAQ: WDC ) earned "Equal-Weight" rating by Morgan Stanley. On average, equities analysts expect that Western Digital Corp will post $8.08 earnings per share for the current fiscal year.
(NYSE:CVX) Shares Bought by Resources Investment Advisors Inc
The oil and gas company reported $0.73 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.54). Accurate Investment Solutions Inc. raised its holdings in shares of Chevron by 59.1% during the 3rd quarter.
Erdogan: Turkey to welcome over 30M tourists in 2018
He then added some western powers think that they should interfere in Syria's internal affairs under any condition. The Turkish president said Iran, Turkey and Russian Federation will not allow any power to divide Syria.
With millions expecting tax refunds, the IRS reminds taxpayers that most federal tax refunds are issued in less than 21 days, but some may take longer. "It was just a technical issue we're working through".
The good news is that you can file for an extension.
The agency was planning a "hard reboot" of its systems, a congressional official told The Washington Post.
Four weeks from today, May 15, is the deadline to file your Louisiana state income tax returns.
The IRS has faced computer problems in the past, notably including a 2015 cyber hacking incident that potentially gained access to personal data from more than 700,000 taxpayer accounts. For one thing, Tax Day has become more like Christmas with the receipt of gifts from Uncle Sam, rather than a day of sober reflection about the costs of government. It's also the deadline for business owners and freelancers to pay their estimated taxes for the first quarter of 2018.
The IRS says that electronic filing is the best way to avoid common mistakes.
The service that taxpayers use to file online was partly down throughout Tuesday morning and afternoon.
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