With just over two weeks remaining before the April 15 federal tax deadline, the Internal Revenue Service is ramping up its efforts to remind taxpayers across the country to file their 2024 returns on time. Those who miss the cutoff risk facing penalties, interest charges, and refund delays — unless they take steps now to avoid a last-minute scramble.
The IRS is urging filers to use the many digital tools available on its website, IRS.gov, to prepare and submit 2024 tax returns. These include the IRS Free File program, online payment portals, and access to official forms, calculators, and e-filing options. Taxpayers are being encouraged to act quickly and efficiently as the clock ticks down.
Late Tax Filing Comes with Consequences
Failing to file your federal income tax return by April 15 could result in significant financial penalties. The IRS imposes a failure-to-file penalty of 5% of unpaid taxes for each month your return is late, up to a maximum of 25%. Additionally, interest continues to accrue on unpaid tax balances. If you’re owed a refund, filing late could delay when you receive that money — sometimes for weeks or even months.
“Time may not be on your side if you haven’t started your tax return yet,” an IRS spokesperson said Friday. “The earlier you file, the more time you have to fix any errors or address issues that might slow down your refund.”
Tips for Filing Tax Returns Before April 15
If you haven’t filed your 2024 tax returns yet there is still time. Here are some tips to help taxpayers meet the April 15 tax deadline:
- ✅ Gather All Necessary Documents Early
W-2s, 1099s, Social Security statements, receipts for deductions, and last year’s return. - 🧾 Use a Tax Checklist
Stay organized with a checklist to ensure you don’t miss any forms or details. - 💻 File Electronically for Faster Processing
E-filing is quicker, reduces errors, and speeds up your refund. - 🏦 Set Up Direct Deposit
Get your refund faster by providing your bank account info. - 📂 Double-Check Personal Information
Errors in Social Security numbers, bank details, or names can delay processing. - 🧮 Use Tax Software or a Reputable Tax Preparer
These tools and professionals can help reduce mistakes and maximize deductions. - ⏳ Don’t Wait Until the Last Minute
Filing early reduces stress and gives you time to fix any issues. - 📅 Know the Deadline: April 15th
Mark it on your calendar and set reminders a few weeks ahead. - 📝 File for an Extension If Needed
Submit IRS Form 4868 by April 15 to get an automatic six-month extension—but remember, it doesn’t extend the time to pay.
Tax Return Extensions Buy Time — But Not a Free Pass
For those who can’t meet the mid-April deadline, the IRS allows individuals to request an automatic six-month extension. Filing Form 4868 by April 15 gives taxpayers until October 15 to submit their return — but not to pay their bill.
“An extension to file is not an extension to pay,” the IRS emphasized. Taxpayers must estimate and pay any tax they owe by April 15 to avoid interest and penalties.
Every year, millions of Americans — particularly higher-income earners and business owners — opt for extensions to gather documentation or consult professionals. Tax experts say that while extensions are useful, they’re not ideal for everyone, especially during a year of ongoing shifts in IRS resources and enforcement priorities.
– More 2025 Tax Season Coverage and Updates from FingerLakes1.com
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