Got a Tax Extension? You'd Better Get Moving on Your Return

Maybe you filed a tax extension back in April because you were missing some of the paperwork needed to accurately complete your return. Or maybe you just plain procrastinated to the point where you had no chance of submitting your return by the original deadline.

No matter why you requested that tax extension, let this serve as your firm but friendly warning: You only have until Oct. 16 of this year to file your 2016 tax return, and if you fail to adhere to that deadline, you could face some serious consequences.

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Source: Fool.com