Thursday’s need-to-know money news

Today’s top story: 6 late-filing tax mistakes you need to avoid. Also in the news: Why paying taxes by credit card probably isn’t a good idea, collection agencies are getting another shot at your back taxes, and filing a tax extension to buy more time.

6 Late-Filing Tax Mistakes You Need to Avoid
Common mistakes to watch out for.

Paying Taxes by Credit Card Probably Isn’t a Good Idea
You’ll pay for the convenience.

Collection Agencies Get Another Shot at Your Back Taxes

Don’t Panic, File a Tax Extension to Buy More Time
Take a deep breath.

Thursday’s need-to-know money news

BabyBoomersRetirementSavings_largeToday’s top story: What to do when you’ve reached retirement age and don’t have anything saved. Also in the news: Social Security taxes, learning from your tax filing mistakes, and how to get cash from transferring your retirement account.

You’re Retirement Age With Nothing Saved For Retirement. Now What?
Don’t panic.

For some Social Security taxes can really pile up
A refresher course in Social Security tax basics.

Learn From Your Tax Filing Mistakes
Get in better shape for 2016.

Get Paid Cash to Transfer Your Retirement Accounts
Look for accounts that offer cash bonuses.