Tax extension deadline still stands despite government shutdown
0:28
CBS News
Tax extension deadline still stands despite government shutdown
Even with the federal government partially shut down, the IRS is holding firm on its October 15 deadline for taxpayers who filed for a six-month extension back in April. That means if you didn’t pay what you owed by April 15, your return is due tonight — and penalties will apply for late payments.
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WATCH: “We already tax wealth in Britain with capital gains tax, with inheritance tax,” Reeves says. “I don’t think we need a standalone wealth tax.”
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10K views · 39 reactions | Think Making Tax Digital for Income Tax means more tax returns? Think again. You’ll send quarterly updates of income and expenses to HMRC from recognised software These updates aren’t tax returns You won’t pay four tax bills a year Find out what it means for you and how to prepare:  https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd | HMRC | Facebook
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10K views · 39 reactions | Think Making Tax Digital for Income Tax means more tax returns? Think again. You’ll send quarterly updates of income and expenses to HMRC from recognised software These updates aren’t tax returns You won’t pay four tax bills a year Find out what it means for you and how to prepare:  https://makingtaxdigital.campaign.gov.uk/?&utm_source=f.co_hmrcgovuk&utm_medium=social&utm_campaign=mtd | HMRC | Facebook
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