If you missed the April 18 tax deadline, you may cut back on penalties by filing your return promptly. Here's everything late filers need to know.
"In some cases, the extension period could be anywhere from an automatic two-month extension to as long as an additional 180 days to file," said Jim Guarino, a Woburn, Massachusetts-based CFP and CPA at Baker Newman Noyes.
Even if you're not required to file, it still may be beneficial to send a return, he said. It's the only way to collect a refund orIf you're unable to cover your tax bill,
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