April 18 is Tax Day: Are You Ready?

April 18 is Tax Day: Are You Ready?

Posted by Stina Riner on 14 Apr 2017

When you think about April 18, what’s the first thing that comes to mind? If you are someone who has worked during this past year, you know that it is the deadline for filing your taxes. For some, they rushed to do theirs the minute their 1099 or W-2 showed up in the mailbox. Others, however, don’t exactly rush to turn theirs in. This is often because they have a complicated return or they are expected to owe money. After all, who wants to rush to file their taxes when they know they are going to have to pay money in?

If you are dreading the impending April 18 deadline like so many others, you can help take a little pressure off yourself and relax with a delicious e-liquid. Instead of sitting there staring at a pile of papers, you can step back and try to collect your thoughts before figuring out how to proceed with everything. Depending on the complexity of your return, you might be better off turning to a professional to handle everything for you. Not only does this give you the peace of mind in knowing that everything was done correctly, but it also ensures you aren’t stressing yourself out over something you might not be equipped to handle. We can’t all be experts in the accounting world, can we?

Because April 15 happens to fall on a Saturday, it pushes the date back further. That normally means that it would fall on April 17, the Monday after. However, April 17 is Emancipation Day in the District of Columbia. This pushed it back one more day to the 18th. The three extra days to file is helping many individuals gather their documents and schedule an appointment with their accountant. This is the second year in a row that taxpayers have gotten three extra days to file their documents.

If you need more time than that to file, you can request an automatic six-month extension by heading to the IRS website and filling out Form 4868. You don’t have to pay anything to file this form, regardless of what your income situation might be. This is just another way to help ensure you have the time you need to get everything in order beforehand. You shouldn’t be stuck running around frantic. Instead, you should be able to sit back, relax and allow someone who has the experience and know-how handle it for you.

In the meantime, you can enjoy spending time with your family and friends relaxing on your patio with your favorite vape. As you relax, you can enjoy not having to stress yourself out over the fine details. The tax preparation agency will be able to let you know what needs to be done and how to go about taking care of it. With less than one week to go, it makes sense to start preparing now for whether you want to file before April 18 or request an extension to give yourself the extra time you need.