Check out this video with information about filing tax extensions and what the IRS does if you miss the extension deadline.
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If you obtained an extension to file your 2021 tax returns, the extended deadline is fast approaching – it’s Monday, October 17th, 2022. It’s very important to get your tax returns filed before then, even if you can’t pay the amount due when you file the return. If you don’t file your taxes timely, then the IRS may file an SFR, which is an acronym for “Substitution for Return”. Make no mistake, an SFR is bad, bad news.
