5 Tips for Filing a Tax Extension

5 Tips for Filing a Tax Extension
CHICAGO - NOVEMBER 1: Current federal tax forms are distributed at the offices of the Internal Revenue Service November 1, 2005 in Chicago, Illinois. A presidential panel today recommended a complete overhaul of virtually every tax law for individuals and businesses. Photo Illustration by Scott Olson/Getty Images
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With the April 15 tax deadline coming up, many taxpayers are feeling increasingly stressed. Many wish they simply had more time to compile the necessary documents.

There is, however, helpful news; You can file for a tax extension. In fact, any taxpayer who fills out the IRS’s Form 4868 automatically receives a six month extension.