Tax Return Tips

So tax season 2014 is swiftly coming to an end.  You have just one more day to file for an extension or file.  

Check out 5 tips below to make sure Uncle Sam does not come looking for you.

P.S. - I would love to hear your plans for those tax returns.  If you are going to make a big purchase please take a moment to ensure those credit scores and reports are in order. And if you owe stay tuned for awesome tips on how to increase charitable donations for 2014 to decrease liability to the government in 2015.

5 tips to help you this tax season

1. Avoiding the late-filing penalty is simple. File either your tax return or an extension request before midnight April 15.
2. Anyone can file an extension request free at IRS.gov through the IRS Free File program. Filers whose 2013 income was $58,000 or less can use the Free File program to file their federal tax return.
3. An extension grants additional time to file, but tax payments are still due April 15. So, pay as much as you can when you file your tax return or extension request, then fill out an online payment agreement request at IRS.gov to pay the balance.
4. Data entry errors can cause problems. Make sure information on your tax return – such as social security numbers and bank routing are correct.