IRS Awards Tax Filing Extension for Santa Barbara County

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While our taxes are due on Tuesday, many CT and NY residents are sweating the tax day deadline, along with the thought of an audit.

Court documents and the U.S. Attorney's Office for New Jersey say the two fraudulently filed over 70 returns by making up deductions for clients, like charitable contributions, unreimbursed employee business expenses and education or residential energy credits.

If you're doing your taxes yourself and plan to file taxes online, you can fill out Form 4868 to file a tax extension directly through IRS.gov or via your choice of tax-prep software, like TaxAct's online tools or TurboTax Easy Extension. They said those instructions came from a co-owner of Fast Tax in Winston-Salem. In fact, the average refund for a return filed in 2017 for the 2016 tax year was $2,895.

Tax pros say there are many legitimate reasons why you might want to file an extension.

Analysts estimate that the crash in cryptocurrency prices in Q1 of Y 2018 may have been due to a larger sell-off by digital currency investors interested in holding fiat currency heading into tax season.

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Per the IRS, there are more than 90,000 volunteers around the country, who can help you correctly complete your return.

Of course, the sooner you file the sooner you get your refund, if you're due one.

You can submit the form electronically through the IRS website before midnight on April 17.

If you are unsure how much you owe in taxes, here's some math to figure out what to pay now. But previous debts to the IRS last until they are fully paid.

Tax refunds from four years ago are gone for good after Tuesday. Then, subtract this year's withholdings and estimated payments you made over the course of the year, and send the difference to the IRS this year.

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