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Tax Day tips

April 17th is Tax Day!

Posted: Apr 17, 2018 7:22 AM

KIMT News 3 - April 17th is Tax Day!
“I don't stress out about it I know sometimes my brothers and stuff get a little stressed out about it worrying they won't get it done in time, forget something, afraid they'll be audited,” Bill Carlson, Central Springs Elementary Principal said.
His taxes have been done for a while now, thanks to his wife who's an accountant. To help you out we went to Hogan and Hanson accounting firm in Mason City and experts there say if you have yet to file, and think your taxes this year are complicated, just file for an extension. At their firm, they expect nearly 15 percent of their clients to file for extensions, extending the deadline until October 15th.
Accountants at Hogan and Hansen say with the new federal tax plan they expect 80 to 90 percent of their clients to save more money next year, but they also say your withholdings will likely go down.

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