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Don’t want to file your tax return on April 15? Here’s what to do

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Jennifer Streaks

The tax filing deadline is at all times April 15, but when life gets in the way in which, there is no need to panic.

If you are not in trouble yet, your taxes are due on April 15, which is just a couple of days away. As you almost certainly already know, preparing to file your tax return can take a whole lot of effort and time, which suggests getting it done will probably be an enormous relief for a lot of. However, when you are fighting time and are unsuccessful, chances are you’ll need other options.

Even though we settle our accounts yearly, loads can change in the course of the 12 months. Maybe you purchased or sold a house, got married, divorced or had a baby. Perhaps your income has increased significantly or you’ve began a business. Whatever it’s, life is coming to life and chances are you’ll just need a minute or two to catch up on your taxes.

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So when you didn’t get all the pieces together in time to file your tax return on April 15, what are you able to do and what happens when you don’t file your tax return by April 15? First, the legality of all of it: taxes are still due on April 15. The only thing that changes is that if the fifteenth falls on a weekend or conflicts with a vacation; you then normally have until 5 p.m. Apart from these circumstances, since 1955 the filing deadline has been April 15, so one of the best thing you may do is get your taxes paid on time.

However, as mentioned earlier, life happens. So when you cannot file your tax return by April 15, here’s what you may do:

First, ignore the tendency to do nothing. So many individuals do this as a part of the IRS assessing billions in penalties for failing to file tax returns on time. This is something you may ignore or cope with when you’ve time. Failure to file anything could actually cost you extra money than chances are you’ll ultimately owe.

Instead of doing nothing, apply for an extension. You can fold IRS Form 4868, a free and penalty-free document that taxpayers can file with the IRS in the event that they need more time to file their individual federal tax returns. By filing for an automatic deadline extension, you will have a further six months – or until October 15 – to receive your tax return. However, the deadline to file Form 4868 stays the identical: tax day, April 15. If you let this deadline pass, so does your probability for an extension – and any returns filed after April 15 without Form 4868 will probably be considered late and can due to this fact incur a late filing penalty.

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Bottom line: It’s higher to file for an extension than to file nothing and suffer penalties. Even as a financial expert who is incredibly aware of tax deadlines and potential liabilities, I filed Form 4868 myself. There was a 12 months once I moved and lost my W2; I needed time to settle in and eventually went to Taxpayer advocate service to obtain a replica of my earnings and tax certificate (yes – because I’m an adult). It may not have been fun, but I used to be able to file for the extension after which file an accurate tax return by October fifteenth.

Now that we have covered how to file an extension, please note the important caveat: an extension to file your tax return is an extension of the deadline to pay taxes owed. Some people think it’s higher to wait to file their tax return until they’ve the cash to pay the taxes they owe, but that is not the case.

Taxes can turn into real debt. Typically, interest accrues on unpaid taxes from the date the refund is due until the debt is paid off – and depending on how long it takes, that might mean a monetary amount. In fact, the interest you accrue may amount to greater than you owe initially. The late payment penalty is frequently half of 1% for every month or a part of a month of unpaid tax, up to 25 percent.

With that in mind, even when you’re not ready to file an actual return, when you discover you truly owe, try to pay as much as you may upfront.

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So when you’re not ready to file your taxes on Monday, don’t panic; most taxpayers can digitally file Form 4868 to request an automatic six-month tax filing extension. And note: While you do not have to provide a reason for requesting an extension, if your request is denied, the IRS will contact you directly to let you recognize why.

Once you apply for an extension, chances are you’ll be relieved to know that you have bought yourself a couple of extra months, but use that point correctly and ensure to file your return before the October 15 deadline. If you miss this extension deadline, no additional options will probably be available and costs and penalties will immediately begin to accumulate.

Happy assembling!


Jennifer Streaks is a senior personal finance reporter and spokeswoman for Business Insider and a financial specialist at theGrio. A nationally recognized expert on money and inexpensive lifestyles, Jennifer is a renowned financial columnist whose columns have appeared on CNBC, Forbes, ABC, MSNBC, CBS and more.

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Black Mother’s Day gifts that say “thank you, mother”

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If we actually know one thing, then black moms, grandmothers, aunts and ladies who raised us deserve the world or not less than gifts that are approaching. From remaining moisturized on a regular basis (yes, even elbows), to stopping the family with faith, strength and a bit of side eye, they taught us that love is intimately. This 12 months, skip the overall candles and show her that you actually see her with gifts made by us and for us. And listen, if a number of items appear fashionable, just know that Mother’s Day is de facto a mother’s month for our moms. Trust, he’ll still feel love, even whether it is a number of days after May 11.

Handmade honey

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(Photo: Oyin Handmade)

One thing about black moms, aunts and grandmothers is that they do not play about moisturizing. From cocoa butter to petroleum jelly, add to your mother’s moisturizing mission Oyin handmade “Pudding beaten”, a natural cream wealthy in Shea and Aloe, which offers moisture from head to toe (it may even be used on hair).

Brown Sugar Babe gift set

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo courtesy of Brown Sugar Babe)

Everyone knows about perfumes, but help your favorite maternal character to boost your fragrance with fragrant smelling oils Brown Sugar Babes. These luxurious oils with forecast in black fishing are designed to make sure fragrant self -care for on a regular basis life. Brown Sugar Babe gift set It has something for each fragrance profile, from warm vanilla to fresh flowers to the stuffy rotation of the viral “Baccarat Rouge 540”.

Gabrielle Union values ​​expressing himself while raising his daughter:

Sweet July

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: Sweet July)

Sweet leather lipia set This is a 3 -stage skincare ritual from Curry Ayesh, which brings balance, hydration and glow (without all additional ones). It is a full-size trio, toner and face oil, made with clean, effective ingredients and rooted in simplicity and culture-toner and face oil-just what it deserves: luxury and results without confusion.

And the very best part is that this Also available on Amazon!

McBride Sisters wine

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Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: McBride Sisters wine)

The largest wine-black company within the USA, McBride sisters Know something about an excellent lagoon. Lot wine or chosen gift set can simply make you a favourite child.

A black woman on a mission

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(Photo: black woman on a mission)

By offering clothing, cups, travel sets and bags, this lifestyle line speaks on to the spirit of the drive and the divine goal. Whether he manages meetings or movements, Black Woman on a missionSongs are on a regular basis confirmation that it shouldn’t be only busy, she is on a mission and appears good.

Kimith Activewear

Black ovning mother's day gifts, ideas for gifts for Mother's Day, ideas for mum gifts, guide to mother's day gifts, black brands for mom, black ideas for gifts thegrio.com
(Photo: Kimith)

Kimith It is a brand Athleisure for us, by us (versus other popular brands). Regardless of whether he’s a fitness enthusiast or simply likes to be cozy and flying while coping with matters, Kimith offers quite a few sports elements for all body styles and kinds. Inspired by the mother, the founder Kimith says that the brand has a mission to boost awareness about stopping heart disease through a holistic lens that covers the mind, body and spirit.

Watch: MOMs actually helps mothers to regain their identity

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This article was originally published on : thegrio.com
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Old Martha’s Win Vineyard renting on the market for $ 39 million

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Barack Obama


An opulent property in a village style in Martha’s Vineyard, where the Obama family spent summer, hit the market with a shocking price price $ 39 million.

Belonging to the family of recognized British architect Lord Norman Foster, Blue Heron Farm Stayed In the report in the summer years of Barack Obama in the years 2009–2011. The house, sitting on 30 Akrach Martha’s Vineyard, offers potential buyers a likelihood to merge with a wealthy presidential story.

Since summer trips, Obamas during the key years of his presidency to admission to party, and Hillary Clinton participated in 1998, Blue Heron Farm adds to the characteristic charm of Marthy’s Vineyard – beating connections with two presidents during their office.

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Located in Chilmark, Massachusetts, the property includes about 30 acres and has a predominant house with an area of ​​7,000 square feet decorated with a classic white class and charming veranda. Perfect for the host of family and friends, the property also includes a conventional Cape, Boathouse and 150-year-old barn from Pennsylvania.

The area is wealthy in amenities that connect residents with the ground, including a ride, tennis and basketball courts, many gardens, apple orchard and a non-public section of the quay along the great Tisbury pond.

Foster was not the one who rented a house to Obami. The architect of monuments, similar to the London Gherkin and Wembley stadium, bought a house in December 2011 for $ 22.4 million from Mollie and William Van Devender, who rented him to the former first family.

Foster made significant improvements to extend its value, including full renovation of the predominant house, planting recent trees and adding a swimming pool and a pool house.

While the median prices of the house in Marta’s vineyard are currently around $ 1.1 million, real estate with celebrities often bring a premium. In 2023, Diane (*39*) house sold for almost $ 24 million.

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The sale of Blue Heron Farm will profit Martha’s Vineyard Land Bank, which charges a 2% fee for real estate transactions to support local protective activities. If the property is sold for $ 39 million, the starting price, the buyer can be accountable the land bank 780,000 USD at the end.

(Tagstranslate) Barack Obama

This article was originally published on : www.blackenterprise.com
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Co -founder of the Essence magazine, Clarence O. Smith, dies 92

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Clarence O. Smith, one of the co -founders of the Essence magazine, died on April 21, 2025, According to his obituary, published by The Outlet. He was 92 years old.

Smith was a co -founder of the “Essence” brand with Edward Lewis, Cecil Hollingsworth and Jonathan Blount in 1968; The brand has published its first issue of The Now Legendary Magazine in MaIn 1970, in many years, from its founding, “essence” would change into a basic trace of the black community, becoming crucial in a cultural conversation, especially because of the celebration, strengthening of the position and influence of black women.

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During Smith’s term of office, the brand expanded to “Essence Awards”, “Essence Television” and the extremely successful “Essence Culture Festival”. The annual series of conferences and live shows is taken over by Nowy Orlean on the weekend of July 4 and has change into one of the most anticipated annual events of the black community.

Smith has remained with the essence for over thirty years, serving for many of this as a president, specializing in marketing and promoting. He is credited with specializing in investing in a black audience, especially black women, a choice whose effects are still positive.

Susan L. Taylor, former editor -in -chief of the Essence magazine, He said about Smith“We lost a powerful mind, but not heritage. It continues.”

Born in Bronx in New York, in 1933, Smith served in the American army before he became an entrepreneur and businessman. His awards include various awards, including the Award AG Gaston Lifetime Achievement Award in 1997. His wife, Elaine and their family survived.

Megan Thee stallion to open your own Popeyes store

(tagstotranslate) Essence

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