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2026 Tax Season Recap IRS Extensions, Penalties, and Key Trends

Wondering what stood out during the 2026 tax season? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang break down major trends, including the IRS projection of over 20 million taxpayers filing extensions and what that signals for the filing landscape. Find out why so many filers requested extensions, how to avoid failure-to-file penalties, ways to minimize accruing interest, and what to expect from IRS enforcement and technology going forward.

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