2015 Tax Filing Tips

Published: Feb. 17, 2015, 6:03 p.m.

b'With\\xa0Mandi Woodruff, Reporter \\u2013 Yahoo Personal Finance



Missed filing your taxes last year? In a panic, with tax time approaching? Think you may want an extension beyond the April 15 deadline? Mandi gives us the pros and cons of various tax filing conundrums, with a brief background on fees and penalties. Despite reports of staffing cutbacks at the IRS, she believes they will work with you to reasonably accommodate payment plans, etc. \\u2013 as long as you\\u2019re not trying to pull one over them (which, in any case, is really hard to do unless you have a sophisticated tax lawyer) \\u2013 so your best bet is to play it straight and be honest on your tax filings.

Try and cheat the IRS, and they will find ways to get the money you owe them and then some \\u2013 the laws of our land give them enough power to take money back from you, directly from your bank, pay check or social security account. So gather your paperwork, and use online tools or companies such as H&R Block to file and pay your taxes on time. Also find out if it makes sense to relocate abroad \\u2013 for tax, lifestyle, cost of living, or other reasons.'