Category Archives: IRS

IRS E-file

Not Ready to File Business Income Tax Return? Request a Tax Extension with Form 7004

The March 15th deadline to file your business income tax return is almost here. Have you filed your return yet? There is still some time left. Maybe you’re still waiting on documents, or maybe you’ve just been too preoccupied with work and life to prepare your return. Whatever the reason may be, the IRS will grant you tax extension to file your return in case you are not ready.

If you need more time to file your taxes, you should definitely request an extension sooner than later. It’s always better to extend than to file an incorrect return and have to amend it later. With that in mind, it’s important to note, filing an extension grants you additional time to file your return, but not to pay the tax due.

If snail mail isn’t your thing, you can e-file your extension using www.ExtensionTax.com and make an estimated payment online using IRS Direct Debit Payment Option. ExtensionTax offers a secured service that lets you pay directly from a checking or savings account, and will send you an instant confirmation that your extension request was accepted and your payment was submitted. Just make sure you choose the correct form and tax period to let the IRS know where to apply your payment.

It is challenging to calculate the estimated amount-due to be paid if you’re not prepared to file, but if your tax situation has not changed much since last year, you can send the same estimated amount with your extension tax form 7004 and extend your filing date.

If you didn’t file for an extension by March 15th deadline, your extension request won’t be accepted by the IRS. So just do whatever it takes to e-file your 7004 return right away, the sooner the better. Remember, a return that is filed even one day late is considered late and the penalty will be levied by the IRS. Don’t waste several thousand dollars that you would likely owe in penalties if late, e-file Form 7004 for just $14.99 and take some extra time to review your return to make sure everything is complete before sending it in.

Talk to us at 1-866-245-3918 (toll free) for any assistance or write to us in support@extensiontax.com.

Time to start working with your Business Income Tax Extensions that is getting due this March 15.

Tax time and you mush be getting your papers consolidated to report them with the IRS. In case if you’re not ready and need extra time to work with your tax returns, you could report an extension request to push your actual deadlines. Electronically report an Tax Extension Form 7004 with the IRS to push your deadlines from March 15 to September 15 and for certain businesses it is due on April 15 and push that to October 15.

2018 Tax Return Due Dates for Business Types 

  • Sole proprietorship and single-member LLC tax returns on Schedule C (with the owner’s personal tax return): April 15, 2019.
  • Partnership returns on Form 1065 with Schedule K-1 for each partner: March 15, 2019.
  • Multiple-member LLC returns on Form 1065 with Schedule K-1 for each member: March 15, 2019.
  • Corporation and S corporation returns on Form 1120 S with Schedule K-1 for each member: March 15, 2019.

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ExtensionTax.com – One Website for all your Extension Filings!!

“This is the season of the year when we discover that we owe most of our success to Uncle Sam”                       – The Wall Street Journal

Filing for an Extension means legally postponing your tax Deadline to a future date. E-Filing for an Extension is nothing but keeping the IRS informed that you will file your Tax returns after a while. You may have more than enough money to pay off your Taxes but, you may not have the required paper works ready by the Due date. Extensions are more likely to be a gift given to tax payers by the IRS and the best way to file for it is through ExtensionTax.com.

www.ExtensionTax.com is an IRS authorized E-file service provider that supports E-filing for Extensions Online. Millions of taxpayers are benefited by this user friendly, hassle free application by E-filing their Tax extensions. The online portal has been designed in such a way that complex tax jargon s are broken into simple understandable words, which makes it easier for a common man to file for an Extension.

What all can be done through www.ExtensionTax.com : Continue reading

Deadline to file your Business Income Tax can be extended!

I love deadlines. I like the whooshing sound they make as they fly by – Douglas Adams

March 15th will be the deadline to file your business 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…

Form 7004: Continue reading

November 15 deadline coming up for calendar-year tax-exempt organizations that requested six-month form extensions

If your organization filed Form 8868 for a six-month extension to file its calendar year 2017 Forms 990, 990-EZ, 990-PF, or 990-BL,the extended deadline is November 15. Filers of non-calendar year returns may see initial and extended due dates here. View File Error-Free Forms 990 before filing.

Filing deadline extensions for hurricane impact areas 

The IRS extended certain filing deadlines for taxpayers, including exempt organizations, in certain counties in North Carolina, South Carolina, Virginia, Florida and Georgia. Organizations in affected counties that had an original or extended due date on or after September 7, 2018 and before January 31, 2019 (North Carolina, South Carolina and Virginia), October 7, 2018 (Florida), or October 9, 2018 (Georgia), now have until February 28, 2019 to file affected returns, including Form 990-series annual information returns and Form 990-T, Exempt Organization Business Income Tax Return.

New IRS YouTube video for Tax Exempt Organization Search 

The video explains features of the new, mobile friendly Tax Exempt Organization Search launched earlier this year.

Tax-Exempt and Government Entities issues Annual Priority & Program Letters

This report highlights TE/GE’s 2018 accomplishments and explains the compliance programs in fiscal year 2019.

Advisory Committee on Tax Exempt and Government Entities (ACT) issues 2018 report of recommendations 

The ACT made recommendations regarding incentivizing universal e-filing for Form 990.


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