Friday, January 29, 2010

Day 29: Extensions

I'm not here today to talk about creating new hair looks quickly via a multitude of ways to trick the men in your life. Sadly, I am here to talk about something a little more boring. Tax Extensions! I spoke a few days ago about what you can do to get the IRS to work with you on your back taxes. I forgot to mention something very important about tax extensions. For those of you who don't know, a tax extension gives you until October 15th to file your return. That is pretty self explanatory,  but what they don't explain is that  you still are responsible to pay the balance owed (if there is any) on April 15th.

This is very important because you incur interest and penalties from Uncle Sam on those six months you wait. This also has been known to produce certified mail from the IRS that doesn't say very nice things! The best way to avoid this is to... ready... PAY YOUR TAXES!

On a side note it is hard to neglect the uncanny similarities between being deceived by hair extensions and by tax extensions! They both are meant to look like one thing but are actually something completely different. I am just not quite sure which one is more dangerous!

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