Keep up on whether your state or city (or even county) has a tax amnesty program. These usually waive all or part of the interest and all of the penalties on late filing and payment of taxes. With so many state and local jurisdictions scrambling for cash, this is one way to have it flow into the coffers.
If you decide to file under one of these programs, the tax itself isn't waived, but you won't pay penalties and interest is lowered or eliminated. You will now be a solid citizen and on the tax rolls, so be prepared to make filing taxes an annual habit. Some jurisdictions, such as Philadelphia, discussed below, apply these late payment waivers to such taxes as real estate tax.
Current and forthcoming programs:
Pennsylvania, through June 18, 2010
Philadelphia, through June 25, 2010
Nevada, starts July 1, 2010 and goes through September 30, 2010
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