filing taxes

tax extension 2019 form 4868

Tax Day 2019

After a few years of tax day jumping around thanks to holidays in Washington D.C., tax day for 2019 is once again on April 15, 2019. To avoid penalties, most Americans will need to file either their tax return or an request for extension by April 15 this year. Tax Extension 2019 The IRS grants …

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IRS Audit Odds

As tax season approaches, America’s thoughts turn to the required filing of income taxes. Theoretically, America’s tax system is a voluntary reporting system, however, that voluntary part is backed up by a pretty big stick, IRS audits. Odds of Being Audited According to IRS statistics, the chances of being audited by the IRS is about …

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Business Tax ID Number – FEIN and EIN Explained

There is an unfortunate amount of confusion surrounding the concept of the Federal Tax Identification Number. It is ironic, because the whole Tax ID, FEIN, and EIN thing is actually very simple, mostly because they are generally all the same thing. However, it isn’t surprising that this concept confused many personal finance students because when …

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