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This year the deadline for individuals to file or request an extension is April 18 th. If you owe taxes, filing an extension does not mean you get an extension to pay.
With the tax deadline looming, individuals who gifted cash or goods to charity in 2016 may be able to claim a deduction on their federal return. Before you do there are some important facts to know before taking the deduction:
IRS Tax Tip 2017-32: Know these Facts Before Deducting a Charitable Donation
All First Bank blog information and content is strictly informational. It is not intended to be specific investment, tax, or legal advice. If you need detailed financial, investment, or tax advice, please contact a First Bank qualified professional. Please note, First Bank occasionally shares third-party content we find to be relevant and helpful to our audiences.