Each year Tax Day seems to sneak up on Americans and many actually miss the filing deadline. This year federal taxes are due on Monday, April 18, but let's say — whoops! — you miss it. We asked the experts at Jackson Hewitt what you should know if you blow the deadline.
What should I do if I am late filing my taxes?
This tax advice is brought to you by our partner Jackson Hewitt.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.