Putting Off Taxes

By: Jessica Aspiras
By: Jessica Aspiras

Monday's midnight deadline is quickly approaching. And for Nikali Luke of Simplified Accounting & Tax the end of income tax season is in sight. But not before one more hectic day of crunching numbers.

"They'll walk in at the last minute and ask, 'Can you fit me in?' So we're staffed and ready for those things to happen."

Income tax returns are due every year around the same time. But despite having about three months to complete filings, many people decide to procrastinate. And Luke says it usually the same people every year.

"Some people don't want to pay. Why pay earlier than they have to? For others, it's a thrill to wait until the last second to get it done."

If you're unable to get everything finished before time expires, you can file for an automatic six month extension. However, if you owe the government money, you still have to pay right away. The grace period simply gives you the time to collect the necessary paperwork.

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