Tax Extension Center continues its series of The Top 100 Reasons to File a Tax Extension. This series is intended to show taxpayers that a tax extension is valuable because it saves individuals and/or their businesses time, stress, and even money.
Reason #14: first it was the holidays, then came the Superbowl, now it’s time for spring cleaning. That comes before taxes.
Some of us take a long time to get over the holidays. And by the time we’ve recovered, the doldrums of winter take over. Once Spring finally rolls around, who has time for taxes?
Spring cleaning (sponsored by the most famous of all spring cleaners, Alice from the “Brady Bunch”) is really just a cover for everything else that you want/need to do once the weather warms up.
The bottom line is this: when it comes time to filing a tax extension, you don’t need an excuse. The IRS doesn’t care why you extend. It’s automatic.
Whether you are new to tax extensions or not, remember that filing a tax extension does not give you more time to pay what you owe the government or face the possibility of penalties and interest. You still need to make your payment by midnight on April 15.
Ever filed an IRS extension before? Thinking about filing one this year? Drop me a note in the comment section below.
