What Happens If You File an Extension but Don’t Pay Your Taxes on Time?

Filing an extension gives you more time to submit your return—but not more time to pay. If you owe taxes, they’re still due by April 15th. Waiting until July to file could mean facing a failure-to-pay penalty, adding unnecessary costs to your tax bill. Plan to avoid extra fees! #TaxDeadlines #FailureToPay #IRSFees #TaxPlanning