April 14, 2010 · Print This Article
The tax filing deadline is April 15, all tax forms must be postmarked by that date to be considered on time. Taxpayers unable to pay their tax bills should file returns or extensions by Thursday, April 15 to avoid penalties. Extensions can be filed through the IRS Web site or through your local tax preparer.
“The monthly penalty for not filing a tax return is 5 percent, the penalty for not paying in full is one-tenth of that, or 0.5 percent,” said Amy McAnarney, executive director of The Tax Institute at H&R Block. “Even if taxpayers cannot pay all of their taxes, they should send what they can with their tax return or extension to file.”
Taxpayers may feel the urge to not follow through with the IRS payment requests, but that would be a bad idea since IRS collection tools include property liens and wage garnishments.
Large tax preparation services such as H&R Block offer language translators, including English to Spanish and vice versa. Representatives suggest calling in advance for an appointment because these multi-lingual prepares work irregular hours. Also many urban areas in Ohio have small business tax preparation services available, simply check the yellow pages of your phonebook or call information.
If you are unsure if you should file due to income guidelines or any other reason, the IRS suggest to visit their Web site at www.irs.gov, or call your local IRS office.