May 2022 Newsletter

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ezTaxReturn
Tax Tips, News & Insights
May 2022
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What to do if you’re filing your taxes late
Although falling behind on your taxes can be stressful, it’s not the end of the world. If you missed the deadline this year, here’s what you need to do.
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What are the penalties and interest for filing taxes late?
Taxpayers who owe the IRS and missed the tax deadline will face two penalties. One for failing to file on time and another for not paying your owed taxes.
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How to avoid owing the IRS next year
Some taxpayers have a balance due to the IRS at tax time but the good news is with some proper planning you can avoid owing money next year.
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Common bank fees you shouldn’t be paying
Paying occasional fees may not seem like a big deal, but they can quickly add up over time. With some strategic planning most bank fees can be avoided.
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7 hidden costs that ruin your travel budget
 If you’re planning a trip, you probably know to budget for hotel, airfare, activities, and food; but there are other expenses that can catch you unaware.
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