With more than a month to go until Tax Day, this isn't typically the time that taxpayers consider filing for an extension. But, according to an article at Forbes.com, this isn't an ordinary tax season. With new rules, new forms, extenders - and coronavirus - taxpayers aren't scrambling to file.
If you've been pushing off filing, you may want to consider filing for an extension. It just takes a few minutes, there are no special hoops to jump through, and there's no fee payable to the Internal Revenue Service.
And contrary to popular belief - and what some are suggesting this time of year - filing for an extension isn't an audit trigger.