Tax Day is April 17

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And, of course, one can always file for an extension, which will generally give the taxpayer an extra six months to file his or her taxes - though not quite this year.

The Lamesa post office has no plans to remain open later than usual on Tuesday, a spokesperson told the Lamesa Press-Reporter on Friday. Now, after months of debate and questions about exactly what the implications of digital currencies are for US tax filers, tax day is approaching. The post office is closed on Saturday and Sunday.

- Two North Carolina tax preparers are headed to prison after admitting they filled out hundreds of fake tax returns involving more than half a million dollars. The longer you wait to file, the longer it will take to get your tax refund.

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Then someone calls from a third-party debt collection agency saying that, the person has received an erroneous tax refund and they are calling on behalf of the IRS to reclaim the refund. Life changes, coupled with adjustments made to withholding tables by the IRS in concert with the new tax law, mean many Americans run the risk of having either too much or too little money taken out of their paychecks. This year requesting an extension will only give taxpayers to Monday, Oct. 15 to file.

Concerning those scams perpetuated against the IRS, remember, when you sign a tax return you are signing under penalty of perjury.

I'd be curious to see if more taxpayers applied for an extension or had to use a firm to do their taxes because they weren't able to figure out their gains and losses in their cryptocurrency investments. After filing a fraudulent tax return, criminals use the taxpayer's real bank account for the deposit. Accordingly, the IRS will not recognize any such arguments and assess a penalty of $5,000 for filing a frivolous return. A lot! A tax refund is really just the return of a yearlong, interest-free loan that you extended to Uncle Sam. While this is nearly certainly smaller than the actual number of people experiencing these events, it may not be an accurate comparison for the 2017 tax year because of the vast differences in popularity of the cryptocurrency space between those periods.

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