Employers are required to withhold taxes and pay Social Security and Medicare taxes for all workers to whom they pay more than $1,800. The IRS is making it easier to come clean.
The IRS will still accept your return, but you may have to pay penalties for filing late and for paying taxes late.
You get an extra 2 days to do your taxes this year, but you may not have the option of the late-night run to the post office.
Lawmakers have put off major tax decisions, including whether to continue the Bush tax cuts, until after the Nov. 6 election. That doesn't leave much time to make changes.
However President Obama's proposed tax on millionaires is estimated, it's small compared with the federal budget deficit.
The IRS has created a website and a smartphone app you can use. If you file electronically, you could get your money within 10 days.
Check the form against your last pay stub of 2011 to make sure the company reported the correct amounts earned and withheld. If you find a mistake, contact your employer.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Even when they have a plan for their refund check from Uncle Sam, Americans often don't realize how they actually spend the windfall.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'