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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.

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.

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.

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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After second defeat for Model of the Year, Anok Yai tells British Fashion Council: ‘I don’t want it anymore’, sparking debate

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Anok Yai, Anok Yai Model of the Year, Anok Yai, Fashion Awards 2024, Model of the Year 2024, British Fashion Awards 2024, Anok Yai British Fashion Awards, Alex Consani, Anok Yai supermodel, Black models, theGrio.com

When Anok Yai was photographed in “The Yard” at Howard University’s 2017 homecoming ceremony, a fashion star was born. After agents began clamoring to find the identity of the then 19-year-old beauty and competing to sign her, Yai became a global sensation; inside the first six months of her profession, she became the first Sudanese model and the second black model, after Naomi Campbell, to open a Prada fashion show. In the seven years since then, covers and accolades have flown steadily, including her first American Vogue cover in 2020, which led to Yai being hailed as one of this generation’s “best.”New supers” — as in supermodels — via Models.com, who awarded her the title of “Model of the Year – Woman” in 2023.

Although Yai has enjoyed success on runways around the world, one accolade has eluded her, and now she says she now not wants it. On Monday as host of the British Fashion Council Fashion Awards 2024Yai was nominated again for the council’s Model of the Year award, her second nomination in as a few years. This is the second time Yai has been omitted from this honor, which recognizes “the global influence of a model who has dominated the industry over the past 12 months,” the organization explains. “With influence that extends beyond the runway, the Model of the Year has made an outstanding contribution to the industry, earning numerous editorial and advertising campaigns throughout the year.”

After losing in 2023 to Paloma Elsesser, the first full-size model to win the award, this 12 months the honor once more passed to Alex Consani, the first transgender winner in the award’s history. Heartily congratulating my friend and colleague from the industry on her groundbreaking achievement partially decided by audience votesYai didn’t hassle hiding her disappointment.

“Alex, I love you and I’m so proud of you,” she wrote X, early Tuesday morningadding: “British Fashion Council, thank you, but I don’t want it anymore.”

How Some she accused Yai of having sour grapes over her subsequent losses, others, etc Teen Vogue editor Aiyana Ishmael, they argue that the model’s disillusionment and self-defense should simply be considered a mirrored image of her humanity.

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“When we ask ourselves why we want Yai to accept her loss calmly, we must also ask ourselves if this is a response to society’s expectations for Black women,” Ishmael wrote, quoting writer and executive coach Janice Sutherland comment on stereotypes that deal with the “perceived strength and resilience” of Black women. “While these characteristics are undoubtedly empowering, they should not be used as a reason to deny Black women space to express vulnerability, pursue changing aspirations, or seek the support they need without judgment,” notes Sutherland.

“I remember in 2019 when a photographer called me a cockroach,” she said already deleted thread on X. Feeling unable to react while others on set treated the insult as a joke, Yai recalled feeling as if “I can not react the way I want because ultimately I’m young, I’m alone, I’m black… whatever I do , will impact me, my family and other black models.”

With this in mind, Yai’s disappointment at not being recognized for her achievements can simply be taken literally, relatively than interpreted as an try and undermine the achievements of Consani, the winner of Model of the Year. Yai said the same thing second postwriting: “If you saw the effort Alex put in; You’ll understand how proud I’m of her. But Alex may be proud and I may be exhausted at the same time. “It doesn’t diminish how much we love each other.”

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As a member of a marginalized community, Consani undoubtedly empathizes. Actually, she she used her acceptance speech on Monday night to thank “black trans women who have truly fought for the space I am in today” and to thank “Dominique Jackson, Connie Fleming, Aaron Rose Phillips and many others” for enabling her own rise in the industry.

“Now, more than ever, there needs to be an important conversation about how to truly support and uplift each other in this industry, especially those who have been treated as nonessential,” Consani continued. “Because change is more than possible, it is necessary.”

Change is slowly but surely happening, as evidenced by the strong black representation amongst this 12 months’s Fashion Award winners. Winning designers included Grace Wales Bonner (British menswear designer) and Priya Ahluwalia (New establishment menswear), while special awards went to A$AP Rocky (BFC cultural innovator) and Issa Rae (Pandora change leader). Photographer Tyler Mitchell also received recognition, winning the Isabella Blow Award for fashion creator.

As for Yai, she may now not seek approval from the British Fashion Council, but she need look no further than The Yard to search out it. The supermodel returned to the spot where she was found during Howard’s 2024 “Yardfest” Homecoming celebration, much to the delight of students in attendance.

“I’m a black trans woman and there’s not a lot of representation,” McKenzie Cooper-Moore, a junior marketing major and emerging model, told Howard’s newspaper: Hill. “She is one of the top models today, she is a black woman and she or he is uncompromisingly black. That’s really cool. I actually admire her.


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Prince Harry downplays divorce rumors as he discusses the public’s fascination with his marriage to Meghan Markle

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Surprise – Meghan Markle and Prince Harry usually are not attached at the hip. Recently, the Duke and Duchess of Sussex have made separate public appearances.

This week, Markle made a rare solo appearance at the Paley Honors fall gala in Los Angeles to support the godfather of the couple’s daughter, Princess Lilibet, Tyler Perry, who was honored that evening. Meanwhile, on the East Coast, Prince Harry appeared at the New York Times’ DealBook Summit 2024, where he spoke about his fascination with the society surrounding his relationship.

During the conversation, moderator Andrew Ross Sorkin asked Prince Harry how he deals with the constant attention on every thing he and his wife do, noting that articles about the couple’s separate appearances on each coasts have been circulating throughout the Internet.

“Is this normal for you? When the article comes out – she’s in California, you’re in New York – they say, “Well, what’s going on with these two, right?” In a way, is it good that he is so interested in you?” – Sorkin asked.

“No, this is certainly not a great thing. Apparently we now have bought or moved home 10 (or) 12 times. Apparently we have been divorced perhaps 10 (or) 12 times. So it’s just an issue of, “What?” – Prince Harry replied, laughing.

As the youngest child of Princess Diana and King Charles, the Duke of Sussex is not any stranger to life in the highlight. Having seen how the excessive media attention directly affected his mother and even played a task in her death in 1997, Prince Harry noticed how life in the public eye modified his relationship with the press.

“I have been experiencing something of life since I was a child. I have seen stories written about me that were not entirely based on reality. I saw stories about my family members, friends, strangers and all sorts of people,” he explained. “And I think when you grow up in that environment, you start to question the validity of the information, but also what other people think about it and how dangerous it can be over time.”

Ultimately, Prince Harry said he ignores false narratives online because he expects the media and social media trolls to twist and twist his words at any time.

I feel sorry for the trolls the most,” he continued. “Their hopes just get built and built they usually say, ‘Yes, yes, yes, yes, yes,’ after which it doesn’t occur. That’s why I feel sorry for them. Really.

“The Duke and Duchess have now developed as individuals – not just as a couple,” a royal source explained. according to People magazine. “The Duke seems focused on his patronage work and the Duchess seems focused on her entrepreneurship.”

Meghan Markle and Prince Harry help Tyler Perry celebrate his birthday

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Nia Long and Larenz Tate Have the ‘Love Jones’ Reunion We’ve Been Waiting For, But There’s an Elephant in the Room

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Those of us who’ve been waiting to seek out out whether Nina Mosley and Darius Lovehall, the black and sexy leads of the 1997 cult romantic comedy “Love Jones,” ended up together will finally get our wish this holiday season. Leading actors Nia Long and Larenz Tate – still black and still hot, we’d add – teamed up for Walmart’s “Love Jones”-themed holiday ad, featuring variations Dionne Farris’ now iconic song “Hopeless” as the opening soundtrack.

In the Walmart Holiday x Love Jones spot titled “Give a Gift That Shows You Get It,” the gift-giving begins early when Nina (Nia) finds a Walmart box on the steps of her house and unwraps it to seek out a record player. Confirming that the gift is indeed from him, Darius (Larenz) repeats certainly one of his lines from the hit movie in which he asks, “Do you mind if I play something for you?”

Whether the poet Darius (Larenz) remains to be attempting to be “the blue in (Nina’s) left thigh… trying to become the funk in (her) right” stays unknown, but nostalgia hits when the two start dancing to the Isley Brothers classic: ” Stay in the groove with you, part 1.” To ensure this moment doesn’t go undocumented, a young woman, presumably the daughter of the fictional couple, appears at the door to capture the moment on camera, clearly taking a cue from her photographer mother, Nina. It’s an uplifting return to a black cinema classic that a lot of us would love to revisit in the era of sequels.

That said, the elephant in the otherwise romantic room is Walmart. The big-box retailer dampened a number of holiday spirit this yr with its post-election announcement that it was “phasing out” most of its DEI initiatives, which is essentially being interpreted as a preview of comparable industry policies to return under the incoming Trump administration. Among the now abandoned initiatives are a $100 million racial equity center launched in 2020 in response to the police killing of George Floyd, in addition to prioritizing 51% of BIPOC, LGBTQ, veterans and women products. – reported the Houston Herald..

“It’s after the DEI programs end that the marketing department will definitely (know) how to change the narrative,” commented one YouTube viewer. “This ad won’t let me forget that Walmart discontinued all DEI efforts,” one other commenter said.

Walmart clearly still sees value in attracting black consumers, as evidenced by the Gen X-friendly spot starring Tate and Long (notably, the spot was produced likely months before the election and subsequent DEI rollback). The company was sensible to think about our annual purchasing power it’s estimated to eclipse $1 trillion by 2030, in response to McKinsey & Co.

“Serving Black consumers can help brands better serve customers, especially as the country’s increasingly diverse demographics continue to grow,” said Shelley Stewart III, McKinsey senior partner and global leader for repute and engagement.

To that end, while many viewers welcome the return of Darius and Nina (some have even called for an official, if long overdue, sequel), the dichotomy between promotion and Walmart practice has not gone unnoticed.

“Walmart needs to rethink its DEI policies,” a YouTube commentator said. “We play it in our faces, using characters and actors we love!”

Kerry Washington is celebrating a

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