Five Tips to Speed Up Tax Filing

1. What’s in a filing date? Tax returns or an extension must be filed by Apr. 15. However, all taxpayers can get an automatic extension by filing Form 4868, which extends the due date for their returns until Aug. 15. Keep in mind that an extension of time to file is not an extension to pay. If you do not send the IRS what you think you owe in taxes by Apr. 15, you’ll be subject to late fees and interest.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.