The IRS won't single you out for filing an extension
Q: If I got an extension to file my federal income-tax return and file it before the Oct. 15 deadline, is that likely to make a difference in my chances of getting audited compared to filing by the April 15 deadline?
—D.A., West Chesterfield, N.H.A: No, replies a spokesman for the Internal Revenue Service. "Extensions have no impact on your chances of being audited," he says.
Several private-sector tax experts agree. "In my experience, the simple answer to your reader's question is that filing in April or October does not affect the chances of being 'audited,' " says David A. Lifson, a certified public accountant at Crowe Horwath LLP in New York.
Just be sure to file on time. "I have also noticed that filing a tax return late almost always attracts extra attention," he says. "So I wouldn't consider missing the Oct. 15 extended due date."
http://online.wsj.com/article/SB10001424127887323585604579011012048987256.html?mod=rss_Taxes
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