Business Extension Smartphone App For Exempt and Business Entities

So filers, how are you doing today? Last week we had posted about Smartphone Extension App that allows you to file form 4868 and 2350. Today, we are going to talk about business Extension App developed by, a product of ThinkTrade Inc.

What Does This Business Extension App Allows You To File.

Once this Business Extension Tax App is installed in your Smartphone, you can file Form 8868 (Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns) and Form 8868 (Application for Extension of Time To File an Exempt Organization Return)

Form 7004 is a request application that provides 5-month tax extension by partnerships, most estates and trusts, and most multi-member LLCs. However, most other types of business entities (including C corporations, S corporations, foreign corporations, REMICs, and REITs) can use Form 7004 to request a 6-month tax extension.

For corporations, this deadline is the 15th day of the 3rd month after the close of the tax year (March 15 for calendar year filers). For partnerships, as well as most estates, trusts, and multi-member LLCs, this deadline is the 15th day of the 4th month following the end of the tax year (April 15 for calendar year filers).

Form 8868 is an extension request application for exempt organizations. Though these organizations do not have to pay taxes, they have to file their return through Form 990, Form 990 BL, Form 990 EZ, Form 990 PF, Form 990 T (corporation) 6 months extension, Form 990-T (trust other than above), Form 4720, Form 6069, Form 8870.

Exempt organizations are allowed automatic 3 months extension (6 months for a corporation required to file Form 990-T) to file their return. However, if the first 3 months extension is not sufficient to get the papers placed, you can apply for another 3 months extension (not automatic) for prepare the documents. You cannot file both the extension together i.e. automatic 3-month extension and the additional (not automatic) 3-month extension at the same time.

However, do note, these extension tax form provides you only extension of time to file not to pay your dues online. When you are filing extension through business extension tax, you need to pay your dues and submit your extension.

So what is the wait for? If you are Smartphone user and you have to file business tax return each year, then you this app should be added in must-have list of apps for your phone. File extension on the go with utmost ease. Reach our Tax Experts @ 1-866-245-3918 or simply email us to We are here to cater your needs, in every possible way.