IRS has always been very lenient with tax filers, providing every possible support and helping hand to them. And here comes the entry of filing an extension and requesting for extra time to get your paper work. However, when it comes to filing an extension, what are our first thoughts? Why these extensions are named automatic but they are not? They come with a prefix “Automatic” but we need to file extension form and pay the dues. So what is the point of using the term automatic? Continue reading →