A recent reminder from the Internal Revenue Service (IRS) for taxpayers to submit their tax returns, plus any owed payments, by the April 18 deadline, also included several strategies that people struggling to pay by the deadline can use to avoid or reduce penalties.
In a news release issued Thursday, the IRS reminded people about the looming April 18 deadline by which taxpayers are required to submit their returns along with any outstanding payments or face late filing and late payment penalties.
But the notice also included several methods that taxpayers can use to help them avoid penalties if they owe the IRS money but have trouble paying by the deadline….