The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. Disability and Your Finances In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings. Red Flags for Tax Auditors Here are six flags that may make your tax return prime for an IRS audit.