Benjamin Franklin, one of the Founding Fathers of our nation said, in this world nothing can be said to be certain, except Death & Taxes. A goal is a dream with a plan and a deadline. So the IRS has set a deadline (Due date) for the tax payers to accomplish this goal (To File & Pay Taxes on time) without any hurdles, meaning skipping the late filing fees and interest.
Do you know what happens when you give a Procrastinator a good idea? Nothing! Still, few procrastinators out there could think, what if I say, I’m going to be filing my taxes by the time I could, besides I don’t care about deadlines, well they could grant a wish to console the IRS with a proper reason for being late. The worst part is most few ends up paying late fees and interests even though they tried really hard to explain the IRS about their genuine reason, unfortunately it wouldn’t be found to be a reasonable cause ground to justify their inability. Continue reading