US Tax Day Finally Arrives, Millions Still Unaccounted For

Jeannie Matthews
April 17, 2018

"Neither are good options", Agel said.

If you're like roughly three-quarters of United States tax filers, you'll get a refund when you file your 2017 federal income tax return this year.

Rauschenberger's office has been promoting electronic filing, and he says he is happy to see it continue to grow. Specifically, if the IRS has found an error on your return or requests more information from you.

An estimated 10 million Floridians are expected to file individual federal income tax returns for 2017, and the procrastinators are again in last-minute mode.

But bear in mind - even if the IRS grants you more time, you still need to pay the taxes you owe by April 17.

The dreaded tax filing deadline is here, and despite an extra two days, thousands of Southwest Florida taxpayers are scrambling to finish up.

David Tepper, a Wilmington CPA, said every year lots of people wait until the last minute to file their returns. So, while it might be too much to ask people be happy filing their taxes this year, we can at least be happy knowing we will never have to file under this tax code again.

It doesn't quite have the same ring to it as April 15, but this year, the 17th is tax day.

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Many businesses around the country are offering rewards to tired taxpayers.

But you shouldn't assume that your local post office has extended hours.

Preparing your tax returns may not be the most enjoyable effort - and that has companies trying to leverage that sentiment with the increasingly common "tax day freebie".

Tax rates have varied widely over the years, especially for the nation's highest earners, ranging from an initial low of around 7 percent in 1913 to a top rate of 91 percent in the early 1960s.

"Filing for an extension doesn't get you an extension to pay", confirms Betterment Head of Tax Eric Bronnenkant. Before you decide to do that, though, you should know that if you owe money, an extension to file is not an extension to pay.

If you owe money not filing will tack on even more penalties to what you already have to pay Uncle Sam.

Luckily, there are a number of ways you can settle your IRS tax debt. "Nearly 90 percent of tax returns will be filed electronically, with a similar proportion of refunds issued through direct deposit".

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