Tax Deadline

What happens if you miss that tax filing deadline?

The clock is ticking on that tax filing deadline. Don’t worry – you won’t be hauled off to jail if you miss it. Here’s what really happens:

• If you owe – the longer you wait, the more interest and penalties you’ll pay.

• If you’re due a refund – relax – you’ve got until April 15th, 2013! That’s when the 3-year IRS statute of limitations runs out. If you’re STILL not ready in 2013 – consider that refund a donation to the U.S. Treasury. They’ll keep it.