It's TAX SEASON once again, bitches!

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infinity

( o )( o )
May 4, 2005
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UOENO, CA
i might be late on this but its a good look for procrastinators like me!

Tax day extended to April 18
By Blake Ellis, staff reporterJanuary 5, 2011: 12:29 PM ET


NEW YORK (CNNMoney) -- You get three extra days to file your taxes this year. They'll be due on Mon., April 18.

But it's not because of a previously announced processing delay that will prevent people who itemize their taxes from filing before mid- to late February, the IRS said Tuesday. Instead, the bonus days come thanks to Emancipation Day, a little-known Washington, D.C., holiday that celebrates the freeing of slaves in the district.

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Emancipation Day falls on Sat., April 16, but it is observed in D.C. on Fri., April 15. That prompted the IRS to extend the tax filing deadline to April 18 this year. Under the tax code, filing deadlines can't fall on Saturdays, Sundays or holidays.

The last time an extension was granted for this reason was in 2007.

But don't expect a separate -- or longer -- extension to make up for the IRS's processing delay, said IRS spokesman Anthony Burke.

The delay -- caused by Congress waiting until late December to pass new tax policies -- means that the 50 million taxpayers who itemize their taxes on a Schedule A form can't file until February.

However, the IRS estimates that less than 9 million taxpayers will end up being impacted by the delay, based on historical filing patterns.

"It's a very small percentage of folks who will be affected," said Burke. "There's no real reason why they would need time beyond April 18 because these are the people who want to file early anyway, and who may not be able to file early due to events the IRS couldn't really have done anything about."

People who do need more time to file their taxes can submit Form 4868 for a six-month extension, Burke added.
 

L.D.S.

The Bakersman
Aug 14, 2006
19,934
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Mizzourah
I got $1700 back, and though I said I was buying a delivery truck to start a taco business, I kind of need to fix vehicles that I already own instead of buying another one. lol

There's two cars around my shop that are in need of repair, so that money is going into one of them.
 

L.D.S.

The Bakersman
Aug 14, 2006
19,934
4,044
113
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Mizzourah
lol Anything relating to everything here relayed through California. Listen, I get that this site started for Cali artists and all, but not everything relates to that state. I live in Arkansas and commute to Missouri weekly.

It's not going to take 20k to start a small business like a taco truck.
 

infinity

( o )( o )
May 4, 2005
16,189
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UOENO, CA
i understand that but any small business venture you undertake should have at least 20k backing it or else you will likely look wack. and that will greatly affect any business you are bring in.
 

fillyacup

Rest In Free SoCo
Sep 27, 2004
31,995
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LDS..you got a killer sauce recipe? need a taste tester? need a driver? whats retirement looking like? will i get shareholder options? can i diversify me bonds?
 

emma

Sicc OG
Apr 5, 2006
5,237
2,051
0
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normally i put my tax refund 100% towards my student loans (which is the responsible but boring thing to do).

this summer i'm going to jamaica though, fuck it. i'm turning 25 in june, it's about time i go on a real vacation!

(plus i'm paid way ahead on my loans so i feel like i can calm down a little w/ the extra payments.)
 

Meta4iCAL

Raider Nation
Feb 21, 2005
19,635
4,278
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I was on unemployment for over half the year... and I didn't have taxes taken out of my UI checks... therefore I owe the faggot government money

therefore I still have not filed my taxes... and waiting till the last minute... time value of money bitches... I'm holdin on to this shit as long as I can