What Is a Tax Extension? A tax extension simply gives you extra time to file your taxes, six extra months to be exact. If you request an extension, it will be granted automatically, but the extension form 4868 must be filed no later than midnight on April 18th....
As many are well aware, the federal income tax filing due date for individuals, for the 2020 tax year, will be automatically extended from April 15, 2021 to May 17, 2021. Although this offers additional time to file taxes, it still may not be enough time for...
Due to the COVID-19 outbreak and consistent with our expectations, the IRS released their notice on March 21 outlining the 90-day automatic extension for federal income tax filing and payments. This deferment applies to individuals, trusts, corporations and...