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There is one day every year that millions of Americans dread: April 15, tax day. What will you be doing on this day? Some people rush around to file their final return, but others sit back and relax knowing that everything is already taken care of. Where do you fit in?

If you are smart, you will spend tax day relaxing. But the only way you can do this is if you have already finalized and submitted your final tax return to the IRS. With so many months to complete this task there is no reason that you should wait until the last possible minute. But believe it or not, this is something that many people do every year. For some, it is sort of a holiday.

Waking up on April 15 knowing that you have to get your tax return filed can cause a lot of pressure. After all, you don’t have time on your side. If you run into even the smallest of problems you could get pushed back, and in turn run into a situation where the IRS is going to slap you with a penalty. Who wants to pay the IRS more money than they have to?

Is a tax extension right for me? Maybe, maybe not. Some people are in the habit of filing an extension ever year. And while this is something to consider, you need to know that this is a process, just like filing your final return. In other words, in order to be granted an extension you have to file a form; in this case Form 4868. If you are going to take the time to go through all of this why not take the time to file your return before April 15?
On tax day this year you should set a goal to relax instead of worrying about how you are going to get your return off to the IRS in time. Do you think you can reach this goal this time around? You may be used to rushing around on tax day, but once you break this cycle you will realize just how much stress you can take off your plate.