Business Tax Extension Form 8868 is due by May 15, 2023, for Tax-Exempt Organizations.

Hello business taxpayers! The last date to apply for the business income tax extension form 8868 for your tax-exempted organizations is coming soon. Certain business organizations are not entitled to pay taxes to the federal government and are exempted from tax payments to the IRS. Tax–exempted organizations don’t have to pay any taxes, but they have to file their tax reports to the IRS every year within the deadline. If they can’t submit the tax reports through the original form by the last date, they should apply for form 8868 to get an extension to report the business income taxes.

Business Tax Extension Form 8868.

Tax-exempted organizations like charities, educational institutions, and non-profit organizations must use the original form 990 to file their income tax reports for the previous year. If the organization can’t submit the tax reports on time using Form 990 by the deadline, they must apply for the business tax extension form 8868 to get the extension period from the IRS. Form 8868 is used to apply for an automatic 6-month extension of time to file instead of the previous 3-month automatic extension and subsequent request for an additional 3-month extension.

The deadline is approaching soon!

Owners and tax filers of tax-exempted organizations must report their taxes using form 990 or apply for business tax extension form 8868 on or before May 15, 2023, to get the automatic six-month extension time from the IRS. You must file form 8868 if you cannot submit the tax reports on time and get time till November 15, 2023, to report your taxes accurately with proofs and supporting documents. If you fail to report the taxes using the original form and fail to apply for an extension using form 8868, the IRS will charge hefty penalties and late charges, and you might lose your tax-exempt status for your organization. Therefore, you should e-file form 8868 on ExtensionTax.com and stay ahead of the deadline.

E-file form 8868 on ExtensionTax.com today!

ExtensionTax.com is an IRS – approved online service provider to e-file business and personal income tax forms. We provide a comfortable platform to e-file the business income tax form 8868 to request the tax extension time for your tax-exempted organization. You can easily apply for form 8868 in just a few steps and enjoy the extension time using Extensiontax.com. You contact our customer support desk with any queries regarding form 8868 e-filing processes. You can call us at +1 – 866 – 245 – 3918 (toll-free) to talk to our customer support executive regarding your doubts, and they will provide immediate clarifications and guidance. You can also write to us at support@extensiontax.com, and we will revert to you promptly.