Filing Your Taxes at the Last Minute

Most of us know when the tax deadline is coming close. However, that doesn’t always stop us from filing at the last minute or, even worse, filing late. If you’re one of those “last minute” filers, no matter what the reason, there are some tips you can follow to get through the process as easily and as efficiently as possible.   

Consider E-Filing

One of the easiest and fastest options for getting your taxes taken care of is choosing to file online, a process known as e-filing.

E-filing is very easy and takes only a few minutes of your time. Plus, it even allows you to get your tax returns more quickly. There’s also the added benefit of not having to do the math yourself and not having to pay for postage or go to the post office.

If you want to get your taxes done with as little hassle as possible, choose a good online program and get to e-filing!

File Even if You Can’t Pay

Sometimes, people are tempted to put off filing until the last minute because they know they’ll owe money, money they don’t have. Some people will even avoid filing entirely.

Neither of these things are doing you any favors. Even if you don’t have the money, go ahead and file your taxes. You can also submit a partial payment to at least show the IRS you’re making an effort.

From there, you may be able to work out an installment agreement or other options to get your taxes paid. You’ll avoid late filing penalties and interest as well, which is why it’s always good to file on time.

The bottom line is that, whenever possible, you should try to file your taxes early on. That way, you’ll have plenty of time to check and double-check everything and to ensure you’re getting all available deductions and credits. If that’s not possible, then follow these tips to get through the process quickly and with less stress.