April 15 Tax Deadline Highlights Growing Tax Form Complexity
Taxpayers race to file by April 15 face longer forms and time bills. The study shows average returns with itemized deductions take 42 minutes more, totaling about 28 hours 30 minutes, with Form 1040EZ at 3 hours 43 minutes. Tax software and professionals surge in use as capital gains rules shift and AMT expands reach.
MENTIONED IN THIS ARTICLE
Washington
David Keating
National Taxpayers Union
Internal Revenue Service
Keating
IRS
Kathy Burlison
H&r Block
Burlison
Joseph Anthony
Portland
Ore
Tax deadline nears as IRS offers options for filing
The IRS reminds taxpayers deadline approaches with free online filing through Free File at IRS.gov. Mail filings require payments to United States Treasury with ID number and form details. do not staple payments. Extensions until August 15 exist but do not delay payment, interest at 5 percent accrues on amounts owed.
MENTIONED IN THIS ARTICLE
IRS
Irs.gov
United States Treasury
IMF warns of global harm from U.S. budget deficits
The IMF warned that uncontrolled U.S. deficits threaten global prosperity with higher interest rates and slower growth. It projects a 4.2 percent drop in world output by 2020 and a 3.7 percent U.S. growth decline if deficits remain unchecked, amid a $521 billion deficit this year and Bush plans to cut it to $237 billion by 2009.
MENTIONED IN THIS ARTICLE
IMF
U.S
Washington
United States
International Monetary Fund
Raghuram Rajan
Bush
Congress
Also Mentioned on This Page
Intel
Anthony
Jeremy Schoolfield
Jschoolfield
Aikenstandard.com
Laurens Street
Aiken
Myfsn.com
Gilkens
Silvan
America
Hampshire Studio
P. Dillard's
Pin
Cee
Orig
Patro AU
Nygard
Emma James
Judith Hart
Pendleton
Dillard's
Americas
Missy
Dillard’s
Stonebridge Casual
the Dillard's Woman
Missy S-Xi