TurboTax Declares April 15 Tax Free Friday!

Federal Tax Deadline Extended to April 18; Millions Get Chance to Procrastinate, Win Free Tax Software

SAN DIEGO (April 13, 2011) – Procrastinators rejoice! There are three extra days to file federal taxes this year

TurboTax has declared April 15 “Tax Free Friday.” In addition to being freed from having to file their taxes by the 15th, last-minute taxpayers can win free TurboTax Online Premier throughout the day. To learn how to participate in a giveaway for TurboTax Online software, follow TurboTax on Twitter or visit the TurboTax Facebook page. Taxpayers can also get their last-minute tax questions answered for free through live video chat on Facebook with CPA and VP of TurboTax Bob Meighan 10 a.m.

What Happened to April 15?

The District of Columbia celebrates Emancipation Day on April 16, the date President Abraham Lincoln signed the Compensated Emancipation Act and freed more than 3,000 slaves in Washington, D.C. With the holiday falling on a Saturday this year, the nation’s capitol will observe it on April 15. And that means Internal Revenue Service offices will be closed, bumping the tax deadline to April 18 and giving federal taxpayers a three-day reprieve.

Not all state tax deadlines are April 18, however. Taxpayers should check with their state’s Department of Revenue to confirm their state tax deadline.

Tax Tips for Procrastinators

Last year about 27 percent of taxpayers waited until the last two weeks to file their taxes. (See the TurboTax Top 10 Most Tax Procrastinating Cities list to learn who puts things off until the last minute.) Here are a few money-saving tax moves to help procrastinators reduce their tax bill and maximize their refund.

  • Contribute to an IRA
  • Remember charitable contributions
  • Need more time?
  • Can’t pay?

For more money-saving tax tips, visit Tax Break, the TurboTax blog.

About Intuit

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.5 billion in its fiscal year 2010. The company has approximately 7,700 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at www.intuit.com.

Intuit, the Intuit logo and TurboTax, among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries.

Source: Intuit

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