Tax Day is April 15th

Here are a few tips to ensure that filing your taxes this year is as easy as possible:

Free Tax Filing Through the IRS

This year, the IRS will provide free tax filing service to eligible tax payers via their website.

Free File is available to anyone with income less than $57,000, thanks to a public-private partnership between the IRS and commercial tax software companies. It offers free federal tax preparation and e-file options.

To learn more and take advantage of Free File via the IRS website, click here. 

Filing an Extension

If you're unable to file by the April 15 deadline, be sure to request an extension. Extensions are a quick and easy solution that ensure compliance with IRS regulations. For more info, click here.

Payment Relief

If you are unable to pay the full amount owed, there are options that can relieve some of that burden, including payment plans, and offers in compromise. Either can provide additional flexibility in paying your tax debt. Payment plans allow you to pay monthly for up to 72 months, while offers in compromise look at your unique circumstances and allow you to settle your tax debt for less than the total amount you owe. 

Preventing Identity Theft and Fraud

The IRS is committed to preventing identity theft and fraud, which happens year round but often peaks during tax season. Ensuring that you hire a professional to assist in tax preparation is one of the best ways to avoid your personal information being mishandled. Avoid flyers and advertisements offering refunds with little or no documentation. For more ways to protect your identity, now and year round, click here.