Tax Deadline Today – Tax Day is Here!

As you hopefully already know, today is the deadline for filing your 2007 tax return.  Ours have been finished for a while but we’re waiting until the last possible minute to eFile and pay the taxes we owe.

You should request a filing extension if you need more time to prepare your individual tax return.  But as the IRS website says, “an extension of time to file your return does not grant you any extension of time to pay your tax liability.”

Remember filing an extension for your personal return will delay your rebate check under the Economic Stimulus Act.

Today is also the last day to fund your IRA for 2007 so don’t delay!

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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