Tax Day Looms For Procrastinators

Happy Columbus Day! It’s a holiday for many across the country. I can think of a bunch of fun ways to spend a day off.

However, if you’re one of those taxpayers who filed an extension waaaay back in April to get a little extra time to file your federal income tax return, you might want to spend the day getting your receipts together. The filing deadline for individuals on a regular extension is Thursday, October 15.

Remember that an extension to file is not the same as an extension to pay. If you owe taxes, you will likely owe a few extra dollars in interest (lucky for you, interest rates are fairly low).

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Kelly Phillips Erb
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains tax news, IRS updates, scams, financial crime, and money in plain English.

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