Thank you for visiting www.checkintocash.com. For information about our products and services, including assistance with processing an application for credit, please call 877-276-9958 toll-free.

Tackle Tax Troubles in 2015 With These Quick Tips

TumblrRedditBlogger PostWordPressDelicious

It’s tax time again, and it snuck up sooner than expected. If you’re rushing around trying to file, pause what you’re doing and check out the tax trouble solutions below, based on FAQs from IRS.gov. Some of our quick tips may make all the difference for you this tax season.

For more time to file:

You can get an automatic six-month extension from the IRS with Form 4868.

Business men filling form 4868

For more time to pay:

If you owe more than you can pay now, it is still best to file by the deadline, April 15, and set up a payment plan with the IRS for owed taxes. If you owe less than $50,000, you can easily sign up for a payment plan online. If you owe more than $50,000, or you prefer not to sign up online, you can file Form 9465 to request an agreement.

To reduce the amount you owe from penalties:

If you are struggling to pay your penalty fees, you may qualify for an Offer-In-Compromise, an IRS agreement that settles what you owe for less. To determine if you qualify, the IRS reviews your ability to pay, income, and assets. To find out if you are eligible, check out this pre-qualifying tool from the IRS.

To get your tax return more quickly:

One great way to get your tax return more quickly is through direct deposit. You can opt to have your return deposited directly into a bank account, or even onto a prepaid reloadable debit card, such as the U.S. Money Prepaid Card. This way, you can access your return money sooner than you would by waiting for a paper check in the mail.

quick tax refund with usmoneycard.com

Taking care of your taxes is often stressful, but always necessary. Hopefully these tips will make your tax season a bit less taxing.

For rates and terms in your state of residence, please visit our Rates and Terms page. As a member of CFSA, Check Into Cash abides by the spirit of the Fair Debt Collection Practices Act (FDCPA) as applicable to collect past due accounts. Delinquent accounts may be turned over to a third party collection agency which may adversely affect your credit score. Non-sufficient funds and late fees may apply. Automatic renewals are not available. Renewing a loan will result in additional finance charges and fees.