The 2016 Tax Season by the Numbers

135.6 million The number of tax returns the IRS has received as of April 18. 17 million Procrastinators who waited until the last 24 hours before the due date to file.    Why do people wait until the last minute to file their taxes? $268.3 Billion The amount of tax over-paid by Americans through 2016, resulting in 97 million refunds. $2,763 The average tax … [Read more...]

Can’t Get Your Taxes Done by April 18?

If you panic when you think about April 18, it’s probably due to one of two reasons: 1. You don’t have enough time to get your taxes done and filed on time, or 2. You don’t have enough money to pay the taxes you owe. If either of these applies to you, the most important thing to remember is, DON’T PANIC. And don’t ignore it. The worst thing you can do is not file … [Read more...]