5 things to know about Tax Day: refunds are up, audits down

From FY2017-18 if you were required to and did not file a tax return you are required to pay a fee up to Rs 10,000 for non-filing of the tax return

If your tax refund vanishes too quickly, don’t have it all sent directly to your checking account.

When is the deadline to file my tax returns? There is no need to file a separate Form 4868 extension request when making an electronic payment and indicating it is for an extension.

Additionally, even if you don't pay federal income taxes, it's hard to escape all tax liability. I am pretty conservative with money, so my recommendation for most people would be to plan your tax withholding so that you get a small refund when you file. "Taxpayers who pay as much as they can by the due date reduce the overall amount subject to penalty and interest charges". There are exceptions for those serving in a combat zone, a qualified hazardous duty area, or those living outside of the United States, however.

As Tuesday night's tax deadline approaches, the New York State Department of Taxation and Finance is reminding residents of free resources they can use to help them with filing. But if you're pretty sure you're going to owe taxes, you must provide an estimated payment or face penalties.

Taxpayers who are not ready to file by the deadline should request an extension of time to file.

The Internal Revenue Service reported yesterday that 103.6 million Americans had already filed taxes.

If you choose not to file or get an extension, you will be hit with a failure-to-file penalty.

Putin and Rouhani Condemn US Airstrikes in Syria in Phone Call
Iran and Russian Federation have been the key backers of Assad and refer to all Syrian opposition groups as "terrorists". Haley said that Trump's administration has "multiple priorities" and "getting Assad out is not the only priority".

Form 5558 - An application for extension of time to file certain employee plan returns. "As part of our safeguard measures, some taxpayers may be asked to verify that they filed a return or to verify their identities before a refund is issued", according to Tax Commissioner Dale Steager.

Not only can paying your taxes late get expensive due to interest and fees, it could potentially damage your credit: The IRS could place a lien against your property for unpaid tax debt, which will show up on your credit report as a derogatory item.

If you're unsure whether you have enough deductible expenses to make itemizing worthwhile, check out "Could These 12 Weird Tax Deductions Save You Money?".

You also should hang on to tax records for three years if you file a claim for a credit or refund after you filed your original return. But before you file, check this list to ensure you don't make some common mistakes.

During 2015, about 6.5 million taxpayers reported a total of $3 billion in payments, the IRS commissioner told Congress in January. If so, they will supply you with the routing number and account number for the account from which you wish to have the funds withdrawn. All IRS Taxpayer Assistance Centers now operate by appointment. Most major tax software or tax preparers walk you through a series of questions to determine if you're eligible.

But remember, it's possible your tax return could require additional review and take longer.

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