

Tax Tip Tuesday: What to Do When You Owe Money on Your Taxes
Don’t forget — April 18th is the due date for your 2016 individual tax return. Don't forget to file or extend your return. Sometimes individuals don’t have cash to pay their income tax bills. This week we will examine some ways to defer paying income taxes including installment agreements. Pay in Full in 120 Days A taxpayer can pay the full amount owed within 120 days, without having to pay any fee for setting up an installment agreement, but interest and any applicable pena


Tax Tip Tuesday: Rules Related to Individual Tax Return Deadlines
We only have a couple weeks until your federal individual tax return is due on April 18th. Yes, April 18th is correct because April 17th is Emancipation Day, which is a holiday in Washington DC. You have until May 1st to file your Iowa individual tax return. April 18th and May 1st are also the due dates for the first quarter estimated tax payments. If you don’t have everything you need to prepare and file your individual tax return, it is important to extend the federal ret