Tips for Tax Procrastinators: File an extension
Remember this, though: filing an extension only gives you more time to file the papers, not more time to pay if you owe money. So if you have a pretty good idea that you'll owe money to the IRS or the state, you should send that money with the extension.
You can get a six month extension by filing Form 4868 by the tax deadline of April 15th.
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Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.