Montana 2017 income-tax returns due Tuesday

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"We prepare for this time of year", Butler said.

While death only visits once, taxes are an annual certainty.

A copy of a IRS 1040 tax form is seen at an H&R Block office on the day President Donald Trump signed the Republican tax cut bill in Washington, DC on December 22, 2017 in Miami, Florida. A failure-to-pay penalty is a half-percent per month of the unpaid taxes.

This year's calendar pushed the usual April 15th deadline to the 17th.

A tax refund typically occurs when the amount of tax owing on your return is less than the amount of tax withheld from your income during the year.

Returns post-marked by midnight Tuesday will be considered on time - but, as Kadas noted, the vast majority of Montana filers do so electronically, rather than through the mail.

The 4-1-1 on extensions.

"I would strongly discourage anyone from doing that because you don't want to be adding money on top of money you already owe", she said.

Here's the most important point: A tax extension does not change the tax payment deadline.

Eldorado resorts to purchase Tropicana Entertainment
Icahn said that when he acquired an interest in Tropicana in 2008, it was bankrupt yet undervalued. The purchase also doesn't include the Tropicana property in Aruba.

All you have to do is fill out the IRS Form 4868 online or file through your chosen tax-prep software online.

"If you file for an extension until October 15, you actually have to pay something today", he said.

Some tax professionals believe that filing an extension will lower your chance of being audited by the IRS.

"A good rule of thumb is to have at least three months' salary saved as a safety net in the event of an emergency", Water says.

"There is a great potential for many negative consequences", Martin warned. But if you still have questions, you can also speak with a tax preparer to help you request an extension.

Waters has some suggestions on how you may want to use your refund.

A payment plan may be an option for individuals who owe $100 or more. Instead of dwelling on how you should have taken care of it a month ago - life happens, give yourself a break - find out how to file taxes for free - even if you're filing at the last minute.

The organization says there is no appointment necessary, all walk-ins are welcomed on a first-come, first-serve basis. You can pay directly from your bank account using Electronic Funds Withdrawal.