an extension form so you will have more time to prepare your federal

income taxes  and avoid IRS  filing a tax return for you.

If  IRS files your return, you could  miss out on some the exemptions you can claim

and your personal deductions that the tax payer is entitled to.

LATE PAYING INCOME TAXES TO IRS

Paying your taxes late can end up costing you more than you could ever expect since

there are many pentalities and interest added to the amount you may owe.

If possible, pay as much as you can when you owe federal tax to avoid these costly fees.

The IRS has several options for a taxpayer to pay their owed taxes.

Tax payers can go online and electronically do a fund transfer on your banking account

Pay your late taxes with a cashier check, money order, or pay face to face with cash

IRS  has an installment/payment plan if you qualify and based on your circumstances

but this can be costly since pentalities and interest continue on your unpaid taxes.