Business Tax Extension Form 8868 is due today for Tax-Exempt Organizations

Hello Taxpayer! Today is the deadline to apply for a business tax extension for your tax-exempt organizations. Non-profit and tax-exempt organizations are not liable for any taxes because they are excluded from any taxes by the federal government. But they have to file their business income tax reports to the IRS within the deadline. If they cannot report the taxes for the previous year within the deadline, they should apply for a tax extension to the IRS and get the automatic tax extension time to report their business income taxes. 

Tax Exempt Extension Form 8868

Form 8868 – Business Tax Extension Form for Tax-Exempt Organization  

Charities, Non-profit organizations, and tax-exempt organizations generally file form 990 to report their income taxes to the IRS. However, they don’t have to pay any tax amount. They just need to file their tax returns for the previous year to the IRS and get the appropriate acknowledgment from them. If they can’t report the taxes on time, they should use form 8868 to request an automatic six-month tax extension time 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. 

Today is the deadline to file Form 8868!  

The owners and taxpayers of charities and tax-exempted organizations should be aware that today, May 16th, 2022, is the last date to apply for business income extension form 8868 to the IRS to enjoy the tax extension time. If they fail to report the income tax returns today or apply for the form 8868 business tax extension, IRS will charge penalties from the respective organization for their negligence.  

Once you apply for business tax extension form 8868 today, you will have time till November 15th, 2022, to report your tax-exempt organization’s business income tax with all the proofs and supporting documents. IRS gives the extension time to prepare the business income tax reports clearly. Most organizations use this extension time to do their taxes and report them to the IRS thoroughly. If a tax-exempted organization doesn’t report its business income taxes for three consecutive years, it will automatically lose its tax-exempt status.  

Apply for Form 8868 at ExtensionTax.com now! 

ExtensionTax.com gives you a convenient 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 can reach out to our customer support desk with any queries regarding form 8868 e-filing and further 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.