Detailed text transcripts for TV channel - CNN - 20100410:12:33:00
Taxes by the 15th? what are the penalties then? >> certainly. we can distinguish between someone who owes the irs and someone who does not owe. the latter first. 70% of all americans are not going to owe the irs. when they file for that six-month extension filing form 4868 by april 15th, here's the great news. they is six months to get organized and to get it right, because you and i know the irs are the auditing people at unprecedented rates. two plus two must equal four. talk about the other group hoop owes the irs money. give the example of $1,000. if you owe and you get that extension, all...