Most taxpayers have until April. 15th to file returns and pay any taxes due, but, as always, there are a few changes this year. Regional Spokesperson for the IRS in St Paul, Karen Connelly says a number of tax benefits that had expired at the end of 2014 have been renewed under the “Protecting Americans from Tax Hikes or PATH Act.” Connelly says taxpayers can now take advantage of a new starter retirement account available free from the Treasury Department…
Connelly says states can now offer specially designed, tax-favored ABLE accounts…
Many taxpayers will receive new year-end forms providing them with information about health coverage they had or were offered…
Connelly says regardless of where they live, taxpayers requesting an extension will have until Monday, Oct. 17, 2016, to file.