You won’t have to do your taxes for year 2016 until next calendar year (2017), but the IRS has already released income tax changes that you can use to plan ahead.
If you are like most American taxpayers, then getting a refund is some of the best news you will get all year. For that reason alone, you want to do all you can to avoid the delay of that refund.
The term “tax extension” can be misleading, because it causes some folks to believe they can delay paying their taxes. This is not true.