Missing the tax deadline happens more often than people think. Life gets busy, paperwork gets pushed off, and before you know it, the deadline has passed. The good news is, it’s not the end of the world. But what you do next matters. First, Know This: An Extension Is Not Extra Time to Pay One of the biggest misunderstandings is thinking an extension gives you more time to pay your taxes. It doesn’t. An extension gives you more time to file your return, not to pay what you owe. If you think yo...

What Happens If You Miss the Tax Deadline?

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