Contact Us

Don’t Delay: Taxes Due By Midnight

Erik S Lesser/Getty Images

That time of year has fast approached us and now it is finally here. That time of year that many of us find ourselves procrastinating. The deadline for taxes to be filed is midnight…tonight.

If you already have yours done, then you are ahead of the game. If you don’t have them in by the deadline, there may be some hefty consequences to pay. Here are a few reasons why you should get your taxes in on time:

  • If you don’t send your return to the IRS by the April 15 deadline, you face a failure-to-file penalty, which starts at 5 percent of however much you owe.
  • Late fees on what you owe start at 0.5 percent of your tax bill, which begin piling up on the first day you’re late.
  • You’ll be charged a 3 percent daily compounding interest on the unpaid balance. Obviously, the IRS has no sense of humor or patience where our tax filings are concerned.
  • Missing the deadline can result in a tax lien, which can seriously damage your credit.
  • If you don’t pay your taxes, the IRS can file a notice with the credit bureaus which is a huge negative on your credit report.

None of us want to pay the government more than what we have too. Therefore, buckle  down and, in the words of a well known comedian, “Git er done!”

If you need help getting your taxes prepared, Laramie County Community College is hosting a free tax service for students and the community through the Wyoming Free Tax Service for those who qualify.

For more information and to see if you qualify, you may contact them at 307-633-0866.

 

More News from KGAB

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://kgab.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on KGAB 650AM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on KGAB 650AM quickly by logging in with your Facebook account. It's just as secure, and no password to remember!