The IRS estimates that almost 90 percent of taxpayers already have filed. Most procrastinators are disproportionately wealthy and many likely owe a payment.
In case you missed it, Tax Day remains July 15 this year.
Despite some calls to extend the federal income tax filing and payment deadline yet again, @stevenmnuchin1 said the July 15 deadline will hold.
Individuals needing more time can request a filing extension to October 15, but they still must pay any balances due or estimated taxes by July 15 to avoid penalties and interest.
If a tax return is not filed within 3 years, your tax refund becomes property of the U.S. Treasury. For 2016 tax returns, the deadline has been extended to July 15, 2020 as part of #COVIDreliefIRS. Get your money: https://t.co/5SXPdhmOr3
Being consistent is the difference between failure and success. The late @jimrohn, entrepreneur and author, said: "Success is neither magical nor mysterious. Success is the natural consequence of consistently applying basic fundamentals."
Trading is a great way to achieve financial freedom. Just be sure Uncle Sam gets his cut. AND if you need help with your taxes, you can contact my company @tilakandcompany, we're here to help!
There is no better time to start investing in the Stock Market than NOW. If you'd like invest, you'll need to have an investment brokerage account setup. Here are a few suggestions: @TDAmeritrade @Fidelity@CharlesSchwarb@etrade and @RobinhoodApp.
You can start by researching your everyday companies on @Google by skimming the top articles that pop up for "best long term (stocks/bonds/index fund/futures, etc)" A few online resources I tend to use are @MarketWatch@SeekingAlpha@YahooFinance and @Investopedia.
FOR ALL OF MY STOCK-MARKET INVESTORS, you may be subject to capital gains taxes when you sell shares for profit. There are two types of capital gains taxes that you should know ππΎ
Watchdog says inconsistent procedures are preventing the review of thousands of tax returns with multimillion-dollar refund claims, possibly costing the government hundreds of millions. https://t.co/LhfY7ldQOL
As a new Jumping Jack Tax Partner, I've learnt more about income taxes and how to keep more money in my pocket this year -- than I did in my entire twenties. Now, I'm here to teach you how to do the same. Thank you @PrinceDonnell_