Category Archives: Fast and easy return

October 15 is just around the corner and time for extension filers to report tax returns

The standard six-month tax extension allows you to file your tax return after the usual deadline of April 15. However, it doesn’t buy you more time to pay any taxes you may owe. That means that if you don’t pay your tax balance by the filing deadline (April 17 in 2018), you’ll get hit with penalty and interest. Almost 14 million taxpayers filed for an extension of time to report their income tax returns. So they got their due date pushed from April 17th to October 15. still haven’t filed your return? then you are running out of time, because the tax filing extension deadline is October 15, 2018. Once Oct. 16 rolls around, taxpayers who still haven’t filed and owe the IRS will face a 5 percent monthly failure-to-file penalty. This would increase and go upto maximum of 25 percent depends on your case.

Need Additional Tax (Second) Extension

Once you successfully request a tax extension, remember that you must file your tax return by the new extended deadline. If you miss the October 15 due date, you will be subject to IRS late fees, penalties, and interest. It is also important to note that you will not be allowed to request any further extensions. Your request for an automatic extension of time will grant you an extra six months to file your taxes, but that’s your one and only chance to ask for a bit of a reprieve.

Only under few exemptions IRS grands you additional time, see do you qualify for it:

For tax year 2017, the extended filing deadline is October 15, 2018.

Non-Profit Organization Tax Extension, Form 8868: Deadline Alert!

TODAY! May 15th is the deadline to file your Non-Profit Organization Income Tax Return and if you need more time to file, it’s not too late to e-file for an extension with www.Extensiontax.com . Missing your tax deadline can incur hefty penalties & Interests. Extensiontax.com is your one-stop e-filing solution for IRS tax extensions. E-filing an extension for your business tax return is quick and easy…

Extension Form 8868 Continue reading

DEADLINE ALERT! Today is the LAST DAY to file for an Extension!

 

“When it comes to taxes, there are two types of people. There are those that get it done early, also known as psychopaths, and then the rest of us.” – Jimmy Kimmel

To the Jimmy Quoted rest of us also known as Non-Psychopaths, Today April 17th 2018 is the Official Due date to File and pay your Personal Income taxes. Not everyone is prepared to file their Personal Income Taxes, due to lack of paper work or lack of time.

Though TODAY is the official deadline to file your personal Income taxes but this is not the end of the Road. You can legally, postpone your Official Tax Due date to October 15th by simply E-filing Federal Extension Tax Form 4868.  Form 4868– Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Continue reading

Less Than 48 hours remaining, E-file for an Extension Today!

 

“It’s tax time. I know this because I’m staring at documents that make no sense to me, no matter how many beers I drink.” – Dave Barry. The day Dave was quoting is almost there. YES! You read that right, Less than 48 hours remaining to file and pay your Personal Income taxes. Not everyone is prepared to file their Personal Income Taxes, due to lack of paper work or lack of time.

Though tomorrow is the official deadline to file your personal Income taxes, it is not the end of the road for you. You can legally, postpone your Official Tax Due date to October by simply E-filing Federal Extension Tax Form 4868.  Form 4868– Application for Automatic Extension of Time to File U.S. Individual Income Tax Return. Continue reading

Tax deadline just 48 hours away; nearly 40 million to file by April 17

In the recent IRS issue (IR-2018-92, April 13, 2018), highlighted the April 17 deadline for filing tax returns and if you’re not ready then file for extension, the automatic extension tax pushes your due date to October 15.

IRS YouTube Videos: Extension of Time to File – English | Spanish | ASL

As the April 17 tax filing deadline approaches, the Internal Revenue Service is reminding the nearly 40 million taxpayers who have yet to file their tax returns that there are a variety of options to help them in the final days of the tax filing season.

IRS tax help is available 24 hours a day, seven days a week on IRS.gov. Whether filing a tax return, requesting an extension or making a payment, the IRS website can help last-minute filers on just about everything related to filing taxes.

Information about free e-file options, such as FreeFile, how to request an automatic six-month filing extension or fast and easy ways to pay any tax due using IRS Direct Pay are available online at IRS.gov.

The busiest part of tax season begins this week, with millions of people planning to file. Through April 6, the IRS has processed more than 101 million tax returns and issued more than 79.1 million tax refunds totaling $226.6 billion. The average refund to date is $2,864.

 Additional filing season numbers: Continue reading