| Late tax filing isn't supposed to be this easy. The way | | | | tax return is in their hands, the interest rate the IRS |
| the IRS set things up, it's a difficult, inconvenient | | | | charges drops from a near credit-card level to a rate |
| process that drives the average taxpayer absolutely | | | | you'd be happy to pay on your mortgage. |
| crazy. The good news? You can't keep a smart | | | | Ready to get started? |
| taxpayer down! There are now thousands of tax | | | | Great! The first step to file your 2007 federal income |
| preparers and hundreds of websites that can make | | | | tax is to gather your financial information for prior |
| filing your 2007 federal income tax a breeze. If you're | | | | years - any W-2's, 1099's, bank statements, mortgage |
| due a refund, there's no reason to wait any longer for | | | | records, etc. Basically, anything you'd use if you were |
| it! If you owe the IRS money, now is the time to start | | | | filing normally. Step two is to find a company that will |
| paying it off (or even to negotiate a settlement)! | | | | help you prepare your taxes, max out your refund, and |
| If you know you're owed a refund, there are plenty of | | | | dodge any unneeded fines and interest. Pick a tax |
| good reasons to file your 2007 federal income tax: | | | | prep company that specializes in 2007 federal income |
| you don't want to waste another day letting someone | | | | tax so you know you're getting expert advice. Finally, |
| else collect interest on it. You don't want to risk losing | | | | be patient! The IRS sometimes has a backlog, so it |
| your refund if you miss the deadline (we're halfway | | | | can take a while to get things completely sorted out. |
| there!). And you don't want to miss the chance to get | | | | All the more reason to start as soon as possible! |
| the money you deserve, now! | | | | Missing your 2007 federal income tax isn't a huge |
| If you owe the IRS money, don't fret. Although the | | | | disaster. In fact, it's never been easier to fix it thanks to |
| fees and interest on your 2007 federal income tax are | | | | many small businesses that specialize in helping |
| high, they slow down a lot once you get the filing | | | | taxpayers through exactly this kind of problem. The |
| started. For example, once your 2007 federal income | | | | sooner you file, the sooner you'll see. |