Each year Tax Day seems to sneak up on Americans and many actually miss the filing deadline. This year federal taxes are due on Monday, April 18, but let's say — whoops! — you miss it. We asked the experts at Jackson Hewitt what you should know if you blow the deadline.
What should I do if I am late filing my taxes?
This tax advice is brought to you by our partner Jackson Hewitt.
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It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
