Why You Shouldn't Wait Until the Last Minute To File Your Tax Return

If you are due a refund, then you didn't get the money earlier like you could have. If you owe tax, then you have to pay penalties and interest on the past due amount. It may be too late to make a retirement plan contribution. Your current year estimated payments may be off and you may be subject to underpayment penalties.  There is a longer time for the bad guys to file a return using your social security number. And the final reason you shouldn't procrastinate is that it stresses out your tax preparer.