
From CNN’s Sarah Hagen
This year tax attorneys are expecting an increased number of people will wait until after the April 15th deadline, to file their taxes. An estimated 81-100 million people have not yet filed, according to Roni Deutch, the author of "The Tax Lady's Guide To Beating the IRS". Only 70 million people had filed their taxes as of March 15th, according to Deutch.
Anyone can apply for a six-month extension (Form 4868). According to Deutch, in a bad economy, individuals will most likely owe the IRS and won't be able to afford their taxes. Tax attorneys are expecting a rise in the number of automatic six-month extensions.
Hypothetically, you're broke, you're unemployed and you owe the IRS. Well, there are a few opportunities to save some money. President Obama's new administration is working with the IRS to ease the burden for 2009. For many unemployed workers, the first $2,400 received from unemployment compensation is not subject to taxation, according to the IRS; however, "There is no such thing as a tax fairy, ultimately, unemployment will qualify as taxable income," according to Deutch. Don't be fooled by severance packages either, those are taxable too.
Some say Americans are crazy... and Europeans are lazy.
But what if we as a nation worked less and played more?
What do you think? Should U.S. employers consider shorter work weeks?

Everyone has heard about a random drug test to get your job.
How about a drug test to get an unemployment check?
A urine test for food stamps?
The number of Americans collecting jobless checks is at a record, and lawmakers in a number of states want to tie some strings to those benefits.
What do you think? Is this a good idea?
What do you think? How can Ford remain a viable company?
In another sign of the times, Virgin Megastore is shutting its doors.
The death of the CD was written long before the current financial crisis, but the economy may have been the final nail in the coffin.

