Filing for Extension on Filing Your Taxes is not an Extension to Pay What You Owe

As an attorney specializing in IRS and state tax debt, I see more than my fair share of the more than 20 million Americans hitting the 'tax snooze button' each year, opting for extensions on their filings.

This year, with record-high extension requests likely, understanding the strategic implications of these decisions is crucial for individuals, businesses, and their advisors.