Using your home as collateral for bail is a very risky game. You have to be absolutely certain that the person for whom you are posting bail is innocent or that the bail will be exonerated. In all other instances, the home will be sold, the bail collected and dispersed, and you will be out on the street. If you posted your home for bail and the relative jumped bail, it means your home is not yours anymore.
If you've always filed your federal income tax return as early as possible so that you can quickly receive your refund, you may know next to nothing about tax return extensions. But for those who find themselves unable to meet the April 15 deadline for individual income tax returns, an extension can be crucial when it comes to avoiding expensive penalties and surcharges. Read on to learn more about the process of filing for an extension and what you can expect if this request is granted.