Category Archives: IRS Extension

Can I file an extension after April 18, 2016?

Only U.S. citizens or resident aliens who were out of the country on April 18 can file a tax extension after the April 18, 2016 deadline. The extension must be filed on or before June 15. Who can get a tax extension being out of the country? “Out of the country” means: The taxpayer lives outside the U.S.… Read More »

Automatic Tax Filing Extensions with IRS FreeFile

The Internal Revenue Service (IRS) today reminds taxpayers who can not file a tax return on time that it is very easy to file an extension. In fact, you can file an IRS extension online very easily. These tips are designed to help you navigate common tax problems while approaching the deadline for the April 15. For… Read More »

Interest on Underpayment of Tax

Interest on underpayments of tax is imposed at the federal short-term rate plus three percentage points The interest rates, which are adjusted quarterly, are determined during the first month of a calendar quarter and become effective for the following quarter. Currently, in 2015 and 2016, the interest rates remain very low and paying interest on… Read More »