Tax Day

A large proportion of residents of the USA have to inform the IRS of all income that they received in the previous fiscal year. Some groups, particularly veterans, pensioners and some low-income families, do not have to file a tax return unless they wish to qualify for certain types of income subsidy. Others may wait until the last moment to file their tax return and pay any money they owe. Some people may find that filing a tax return is complicated, while others may feel that they should not have to pay income tax. In the United States, income tax returns may be filed on paper or electronically. Now, people are encouraged to file a return via Internet as this is efficient and reduces the risk of mistakes being made or documents being lost in the post.