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Tax season enters final week

By this time next week, your taxes will need to be making their way to the mailbox. This year’s deadline to submit your taxes is April 18th. That is because the usual deadline for filing is April 15th, which is Emancipation Day in Washington D.C. Taxpayers in Maine and Massachusetts even get more time because of Patriot’s Day celebrations on Monday. According to the Internal Revenue Service, it had seen over 70 million tax returns as of mid-March. Approximately 51 million people were poised to get refunds with the average American getting about $3,300 back. You can still file for an extension if you do not think you will finish your taxes in time and complete them by October 18th. You will still need to have them done if you expect to pay instead of getting a tax refund.

 

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