Filing Taxes After October 15

Filing Taxes In 2013 After October 15

If you were unable to pay your taxes earlier in the year, you might have been dreading the October 15th deadline for your deadline extension. Now that the 15th has come and gone, you might realize that you still have not filed – and that major problems may soon occur. Your first impulse should be to file as quickly as possible.

Luckily, even those who forget to file can still go through the process of filing taxes in 2013. Unfortunately, though, you will be without quite a few of the tools that you would normally use. Most of the web-based providers like TurboTax or TaxAct have shut down for the year as they prepare to transition from taxes 2013 to taxes 2014. E-filing has also been suspended in preparation for the 2014 tax season, meaning that you will not only have … Read the rest

TurboTax Military Edition – The right support for junior military personnel

TurboTax Military Edition

If you’re working in the military, then it’s quite obvious that you’d expect some breaks given how hard you work. You know best of all how difficult life can get when choosing military service. The kind of sacrifices you make for the country and that too after leaving your families behind is anything but easy. It’s indeed a tough life and as a token gesture for this immense duty you’re doing to the nation and its citizens TurboTax has announced a very special TurboTax Military Edition.

This particular Turbo Tax Military Edition has been specifically designed for junior military personnel. It’s special because now all servicemen and women who rank between E-1 to E-5 shall now be able to file their taxes for free including through the extensions. This well extends to the middle of October, 2013. Moreover, those officers … Read the rest

Bipartisan Changes Needed To Reduce Debt

Reduce Debt

Spending cuts and reforms to government entitlement programs are very necessary, according to an interview with House Minority Leader Nancy Pelosi on National Public Radio. The interview was broadcast nationally on Thursday morning. Pelosi said that she feels the government should be scrutinizing every dollar in the budget in order to reduce costs and prevent future generations of Americans from paying for financial mistakes made today. This applies as much to the defense budget as it does “on the domestic side,” she said.

Other segments of the interview featured Pelosi praising the recent budget agreement, saying the rise in taxes on the most wealthy Americans brings “more fairness” to the policies. She also said she hopes that reforming programs such as Medicare and Social Security will extend them for future generations, and make them stronger today. While she supports reform of these entitlements, she does not support any … Read the rest