IRS Announces Tax Filing Deadline For Some Taxpayers

For taxpayers who did not pay enough tax this year, they must act by January 16th to avoid possible penalty.

The IRS has released a filing deadline for some taxpayers.

For most people, taxes are withheld from paychecks throughout the year automatically. However, people who are self-employed or independent contractors are responsible for sending their own tax payments each quarter to the IRS during the year.

For taxpayers who did not pay enough tax this year, they must act by January 16th to avoid possible penalty. By filing a payment on or before the January date those people can avoid an added fee, which may come in the form of a tax bill.