Tax Facts

Tax Cheaters
Thirteen percent of Americans believe cheating on income taxes is acceptable, down from 17% in
2003 according to an IRS survey. Who do you know that cheats on taxes?
1. A friend (53%) 3. A co-worker (15%)
2. A family member (25%)
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Have You Filed Your Taxes Yet?
You have until midnight tomorrow night to file your income tax return for 2007, but according to a TD
Ameritrade survey, only 11% of Americans wait until the last day to do their taxes. The survey found
that the more Americans earn, the earlier they file. When we file our taxes:
· 40% file their taxes in March or early April.
· 25% file “right away.”
· 17% file in February.
· 11% file on April 15th.
· 7% file after the April 15th deadline.