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It is Better to Extend vs. Not Filing on Time | Tax Tip of the Week | No. 193

If you haven’t filed your tax return by now, you should probably consider filing for an extension. It is a lot easier to file for an extension than it is to amend a return later for a mistake you made trying to rush your return to completion. A hastily filed return is even more costly if the IRS finds a mistake you made and assesses underpayment penalties and interest.

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