Tax Filing Deadline Approaches as Experts Share Last-Minute Financial Tips
In Brief
With the tax deadline nearing, Americans are advised to review financial options and deadlines to maximize potential benefits.
Key Facts
- Most Americans have until April 15 to file their tax return, request an extension, and pay any taxes owed.
- Financial experts, including Martin Lewis, have issued April money tips for households across income levels.
- Last-minute tax tips are being offered to help individuals prepare and avoid common mistakes.
- Experts note there is still time for last-minute IRA contributions before April 15.
- CBS News business analyst Jill Schlesinger provided guidance for those who have not yet filed their taxes.
What Happened
As the April 15 tax filing deadline approaches, financial experts are offering last-minute advice to help individuals file returns, make IRA contributions, and manage their finances.
Why It Matters
Timely filing and informed financial decisions can help taxpayers avoid penalties, maximize deductions, and ensure compliance with tax regulations.
What's Next
Taxpayers who need more time can request an extension by April 15, but must still pay any taxes owed by that date to avoid penalties.
Sources
- CBS News — Last-minute tips if you haven't filed your taxes yet(9h ago)
- CNBC — There's a key number to know before making a last-minute IRA contribution by April 15(6h ago)
- The Independent — Martin Lewis issues his ‘new year’ money tips for households this April(13h ago)