Everyone knows that taxes are due on April 15. What many of us don’t know is that we can put off filing until October – all we have to do is request an extension. It’s simple, but there are some crucial details. Read on to find out how an extension can and cannot benefit you.
Some taxpayers are receiving refund checks from the IRS that they didn’t expect. This is due to the IRS making changes to underpayment penalties during the tax filing season.