-
Russia and Ukraine set to begin Easter truce
-
Hawks clinch NBA playoff berth with win over Cavs
-
Trump administration reveals plans for massive Washington arch
-
Carney poised to win Canada majority but affordability pressure looms
-
Artemis II lunar mission draws flood of conspiracy theories
-
Extra time at Augusta helps McIlroy make Masters magic
-
Panic buttons, undercover cops: How Peru bus drivers try to stay safe
-
Iran, US to hold peace talks overshadowed by mutual mistrust
-
Artemis II astronauts return to Earth, capping historic Moon mission
-
Small US farm copes with fuel hikes from Mideast war
-
McIlroy seizes 36-hole record six-shot Masters lead with epic finish
-
Iranian delegation in Pakistan for talks with US, Vance en route
-
Rory McIlroy seizes Masters record six-stroke lead after 36 holes
-
Djibouti leader claims sixth straight term
-
Trump vows to boost Hungary economy if Orban wins vote
-
Mythos AI alarm bells: Fair warning or marketing hype?
-
De Zerbi 'not surprised' by backlash from Spurs fans over Greenwood
-
Marseille boost hopes of Champions League return, Monaco suffer heavy defeat
-
Frustrated Scheffler finds water hazards at Masters
-
Swing and miss: Ichiro statue reveal goes awry as bat snaps
-
China's Li flushes toilet trouble at Masters
-
Stocks up, oil down over week on guarded optimism for Iran
-
Real Madrid title hopes dented by Girona draw
-
Malen hits hat-trick as Roma rebound against declining Pisa
-
Playoff loss to McIlroy not motivating 'nearly man' Rose
-
Lebanon says Israel talks set for Tuesday in US
-
West Ham sink Wolves to climb out of relegation zone as Spurs slip into bottom three
-
OpenAI CEO's California home hit by Molotov cocktail, man arrested
-
Holders Italy and Ukraine make strong starts in BJK Cup as USA trail
-
Top takeaways from the Artemis II mission
-
McIlroy seizes command at the turn at Masters
-
Hatton jumps into Masters hunt with stunning 66
-
African charity sues Prince Harry for defamation
-
Fury happy to be the 'hunter' on return to ring
-
Teen Sooryavanshi equals record to power Rajasthan to fourth IPL win
-
Balogun strike in vain as Monaco suffer heavy defeat
-
With a little help from his friends, Vacherot reaches Monte Carlo semis
-
Venezuelan opposition demands elections after Maduro ouster
-
Starmer says NATO in US's 'interests' as Gulf tour ends
-
African charity says suing Prince Harry over 'reputational harm'
-
McIlroy battles Rose and Hatton for the Masters lead
-
Djibouti counts votes as leader seeks sixth term
-
Parachutes: A vital part of Artemis II's trip home
-
Michael Jackson fans swarm Berlin for biopic premiere
-
Iran sets conditions as Vance warns Tehran not to 'play' US at talks
-
Trump says Iran has 'no cards' beyond Hormuz control
-
Israeli strike in south Lebanon kills 13 security personnel
-
Will The Wise wins Topham as tragedy strikes Gold Dancer
-
Over 100,000 worshippers perform Friday prayers at Al-Aqsa
-
Teen star Seixas claims stage five to close on Basque Tour victory
Tax Extensions Don't Stop Interest - Clear Start Tax Breaks Down the Hidden Cost of Filing Late
Many taxpayers mistakenly believe an extension pauses IRS penalties and interest. Experts say that misunderstanding can quietly inflate tax bills by thousands.
IRVINE, CA / ACCESS Newswire / December 17, 2025 / As the annual tax deadline passes, millions of Americans who filed for an extension may be unaware that extra time to file does not mean extra time to pay. According to tax resolution specialists at Clear Start Tax, interest on unpaid balances continues to accrue from the original filing deadline - often catching taxpayers off guard months later when their balance is significantly higher than expected.
An IRS filing extension allows taxpayers to submit their return later in the year, typically by October, but it does not stop interest from accumulating on any unpaid taxes. In many cases, penalties may also apply, depending on how much was paid by the original deadline.
"Extensions are commonly misunderstood as a pause button," said a spokesperson for Clear Start Tax. "In reality, the IRS starts charging interest immediately on unpaid taxes, even if you've done everything 'right' by requesting an extension."
Clear Start Tax reports that taxpayers who underestimate their balance or delay payment often face compounding costs that can escalate quickly. Interest accrues daily, and even relatively modest balances can grow substantially over time.
"We regularly speak with people who are shocked when their tax bill increases by hundreds or even thousands of dollars," the spokesperson said. "They assumed filing later meant paying later, and that's simply not how the system works."
The firm advises taxpayers who need more time to file to still submit an estimated payment by the April deadline whenever possible. Even partial payments can significantly reduce interest and penalties.
"The IRS doesn't require perfection, but it does reward proactive effort," the Clear Start Tax spokesperson added. "Paying something is almost always better than paying nothing."
Tax professionals note that with enforcement efforts increasing, misunderstandings around extensions could lead to avoidable financial stress later in the year, especially for self-employed individuals, gig workers, and households with variable income.
By answering a few simple questions, taxpayers can find out if they're eligible for the IRS Fresh Start Program and take the first step toward resolving their tax debt.
About Clear Start Tax
Clear Start Tax is a national tax resolution firm that helps individuals and businesses navigate complex IRS matters, including back taxes, penalties, and collection actions. The company focuses on education-driven guidance and personalized strategies designed to help taxpayers regain financial stability and compliance.
Need Help With Back Taxes?
Click the link below:
https://clearstarttax.com/qualifytoday/
(888) 710-3533
Contact Information
Clear Start Tax
Corporate Communications Department
[email protected]
(949) 800-4011
SOURCE: Clear Start Tax
View the original press release on ACCESS Newswire
T.Wright--AT