Costa Mesa’s week starts off with Monday’s federal income tax filing deadline—AKA, Tax Day. Costa Mesa’s Tax Day may not be the kind of annual observance that people look forward to—although for homeowners at least, it does serve as a glorious reminder of the value of the home loan interest deduction. Then, too, for Costa Mesa’s non-procrastinators, a second positive may already have been experienced with the early arrival of a U.S. Treasury refund check.
Along those lines, last Friday the IRS put out a news flash noting that a third of taxpayers had yet to file their returns. Of the 153 million individual returns Uncle Sam expects to receive for tax year 2018, 50,000,000 had yet to be filed. That meant that for many Costa Mesa residents, the weekend was spent with less time devoted to the pro basketball and hockey playoffs or the Master’s golf tournament. Instead, teeth-gnashing encounters with the income tax forms had taken place—sometimes resulting in Automatic Extension form filings.
As a side note, taxpayers in Maine and Massachusetts get until April 17 to file because of their Patriots’ Day—a legal holiday celebrating the first battles of the Revolutionary War. Why two days instead of one? That’s because Tuesday is Emancipation Day in Washington D.C., and the IRS can’t require that anybody’s tax return be filed when they aren’t open for business. For residents in those two states, it must be nice to know that (at least when he’s got the day off) Uncle Sam keeps his hands in his own pockets.
If your own Tax Day has been observed without that vital home loan interest tax break, there’s next year to think about. Call us!
We are built on a philosophy of Heritage & Hustle L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, L3 has grown to a full staff of 20 serving over 300 clients a year. L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact L3 today at 714-444-4663 or email us at email@example.com