Tag Archives: Efile 7004

Form 7004: Extension on Business Tax Returns

ExtensionIRS Form 7004, officially known as the “Form 7004 – Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns,” is a request for an automatic extension of time to file certain business tax returns. The deadline to file a Business Tax Extension is March 15th. The extension will be granted by the IRS if the business:

 

 

 

  1. Complete IRS Form 7004 properly
  2. Make a proper estimate of the tax (if applicable)
  3. File the form by the due date of the return to which the Form 7004 applies,
  4. Pay any tax that is due.

An IRS Form 7004 can be submitted to automatically extend the filing deadline for 32 different IRS returns. The IRS grants automatic extensions of six (6) months, on the return for which the extension is filed. The eligible returns and length of automatic extensions are listed below: Continue reading

Important Tips for E-Filing Extension Form 7004

Do you own a corporation but don’t think you’ll complete your 2015 corporate income tax return by the March 15 deadline? This article explains how to file an extension online without a hitch, giving you time till September 15 to file the return.

If your small business is a corporation, your 2015 corporate income tax return is due on Tuesday, March 15, 2016. Continue reading

From 7004: Deadline Alert.

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 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… Continue reading

Form 8868 Tax Extension For Non-Profit Organization

May 15th is right around the corner and it means that Charities and Non-Profit (Exempt) organizations are now busy preparing their tax returns. Unlike businesses and individuals, the tax deadline for these types of organizations is May 15th (if their tax year is a calendar year).

If an exempt organization does not have enough time to prepare their tax return, the IRS will allow an additional 3 months to file the return if a Form 8868 is filed by the deadline. An IRS Form 8868 is an application for 3 Month extension of time to file a tax return for a Non-Profit Organization. This form can be filed electronically throughExtensiontax.com an IRS Approved E-File Provider.

This is the fastest and safest way to file for a tax extensionE-Filing form 8868 takes only few minutes and within minutes from filing, the IRS will accept the form.  Once the form is accepted, the filer will receive an email from Extensiontax.com.When paper filing this form there is no letter of acceptance, but it is nearly instant when e-Filing.

NOTE :tax extension does not extend the amount of time to pay the tax.  It extends the amount of time to file the official tax return. Any taxes due will still be due on thetraditional deadline or else there will be additional penalties and interest.

E-Filing form 8868 through Extensiontax.com is the easiest way of filing it. The application is very simple. Instead of filling out a complicated tax form, there are just a series of easy to answer questions. Extensiontax.com has simplified all the confusing tax jargon’s and created an incredibly simple application to E-File form 8868 with the IRS.

www.ExtensionTax.com is committed to provide the Best in Quality and Service for all our users,  www.ExtensionTax.comwww.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290Form8849Form720 & Extensions for  Form4868,  Form8868 and Form7004.

www.ExtensionTax.comwww.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification.For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@extensiontax.comsupport@taxexcise.com.

Form 4868: Requesting an Extension of Time to File

 

If you need additional time to complete your 2011 tax return, you may request an automatic six monthextension until October 15, 2012.

The Internal Revenue Service requires that you request an extension of time to file whether you owe additional taxes or not. Generally, there are no penalties or interest assessed on zero balance or refund returns.No interest or penalties will be charged if you:

  • File for an extension by April 17, 2012,
  • Pay your tax liability by April 17, 2012.

Penalty and Interest Charges on Tax Owed:

Those who do not pay at least 90% of the amount due on or before April 17, 2012 will be subject to the following penalties:

Late Payment Penalty. If you do not pay at least 90% of your balance by April 17, 2012, you will be assessed a penalty of 0.5% of your unpaid taxes for each month, or part of a month, from April 17 until the balance is paid, to a maximum of 25%.

Late Filing Penalty. If you do not file your return by the due date (including extensions), you may have to pay a failure-to-file penalty. The penalty is 5.0% of the unpaid balance for each month or part of a month that a return is late, to a maximum of 25%. If your return is more than 60 days late, the minimum penalty is $100 or the balance of the tax due on your return, whichever is smaller.

File Electronically. Most taxpayers file electronically. If you haven’t tried it, now is the time! The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of electronic filing in 1990. In fact, 112 million people — 77 percent of all individual taxpayers — used e-file last year.

You should e-file a federal tax extension for Tax Year 2011 by April 17, 2012, the same day as the deadline to e-file a 2011 Tax Return. Once you have e-filed your federal tax extension and it was not accepted, have a grace period of 5 days after that to correct your tax extension and e-file it again. For tax year 2011, the tax extension grace period ends April 22, 2012. So please make sure you keep checking your extension status after you have e-filed it in your extensiontax.com account. If you e-file a tax extension, your new deadline to e-file a 2011 Tax Return will be October 15, 2012.

Tips: After April 17, 2012 you can no longer e-file a tax extension.

Prepare and e-file a Tax Extension Return:

Registered ExtensionTax.com Users

Please sign in under “Continue My Extension” from the link below. After you have signed in, click on “Start a New Return” under “Form4868” from your “My Home” page. Simply follow the on-screen instructions and complete your tax extension e-filing with the IRS. Sign in.

New ExtensionTax.com Users

If you have NOT registered on extensiontax.com please start an account under “Start My Extension” from the link below. After you have signed in, click on “Start a New Return” under “Form4868” from your “My Home” page. Simply follow the on-screen instructions and complete your tax extension e-filing with the IRS. Sign up.

Why ExtensionTax.com?

  • Authorized IRS e-file provider, serving the entire Nation.
  • E-File a personal, business or nonprofit organization tax extension in less than 10 minutes, for less than $10.
  • Receive an email confirmation once your extension is IRS Approved.
  • Get instant “TEXT Alert” on status of your return.
  • Simple, Safe and Secured to do only with www.ExtensionTax.com
  • Tax Expert Support through the filing.

www.ExtensionTax.com is committed to provide the Best in Quality and Service for all our users,  www.ExtensionTax.comwww.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290Form8849Form720 & Extensions for  Form4868,  Form8868 and Form7004.

www.ExtensionTax.comwww.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification.For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at support@extensiontax.comsupport@taxexcise.com.