CLICK THE LINK HERE TO FILE AN EXTENSION FOR ONLY $19.95.

If you additional time to prepare & file your federal/state tax return, you should apply for an extension of time to file. Please be aware that:

• An extension of time to prepare and file your return, does NOT give you additional time to pay your taxes due. 
• Extension request must be filed  no later than the regular due date of your return.

When you file late, you trigger a huge 5 percent a month penalty, not to exceed 25 percent of the tax-due penalty. Here, the bad news is 5 percent a month. The good news (if you want to call it that) is this penalty maxes out at 25 percent. For Example,  Let's say that you are a year late filing and you owe taxes of $10,000; your penalty is $2,500 and it’s not deductible.

 CLICK THE LINK HERE TO FILE AN EXTENSION FOR ONLY $19.95. 

Typically, if you owe the “failure to file” penalty, you likely also owe the penalty for “failure to pay.” The failure-to-pay penalty equals 0.5 percent a month, not to exceed 25 percent of the tax due. The penalty for failure to pay offsets the penalty for failure to file such that the 5 percent is the maximum penalty during the first five months when both penalties apply. 

 CLICK THE LINK HERE TO FILE AN EXTENSION FOR ONLY $19.95. 

However,  once those five months are over, the penalty for failure to pay continues to apply. Thus, you can owe 47.5 percent of the tax due by not filing and not paying (25 percent plus 0.5 percent for the additional 45 months it takes to get to the maximum failure-to-pay penalty of 25 percent).

Another Bad Thing If you have to pay taxes and penalties for failure to file and failure to pay, you also pay interest on both the overdue taxes and the penalties from the original due date of the return CLICK THE LINK HERE TO FILE AN EXTENSION FOR ONLY $19.95.