Tag Archive: IRS payment

What to do when you need more time to pay.

Written by April 16, 2018

All taxpayers should file on time, even if they cannot pay what is owed. This saves them from a potential failure to file penalty which can become significant over time, up to 60%! This plus the failure to pay penalty and the numbers can really add up.  Filing an extension is only an extension to file the form, not pay...