Tax deadline is April 15, but people can request an extension to October 15 if they need more time. An extension may help avoid penalties, improve accuracy, and reduce fees. However, refunds may be delayed and taxes still must be paid on time. It can also affect loans and benefits. Experts say choosing an extension depends on personal financial needs and situation.
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Syndicated article · via economictimes.indiatimes.com
Tax extension 2026: Pros and cons of filing after April 15 explained in simple terms
Tax deadline is April 15, but people can request an extension to October 15 if they need more time. An extension may help avoid penalties, improve accuracy, and reduce fees. However, refunds may be delayed and taxes…
