Internal Revenue Service announced that the federal income tax filing due date for individuals for the 2020 tax year will be automatically extended from April 15, 2021, to May 17, 2021. Today May 17, 2021 is the deadline to report and pay your federal taxes, when you’re in need of additional time then report tax extensions on time to push your deadline beyond May 17. The tax extension is only to report your taxes and taxes you owed should be paid in full by this deadline. Penalties, interest and additions to tax will begin to accrue on any remaining unpaid balances as of May 17, 2021. Individual taxpayers will automatically avoid interest and penalties on the taxes paid by May 17.
Simple Steps and Quick Process 
Instant Approval of Tax Extension 
Stay Exempt by Reporting a Tax Extension 
IRS Tax Extension EFiling
Extension of Time to File
Individual Income Tax return filers who need additional time to file beyond the May 17 deadline can request on automatic extension by filing Form 4868, Application for Extension of Time To File Individual Income Tax Return. Penalties, interest and additions to tax will begin to accrue on any remaining unpaid balances as of May 17, 2021. Individual taxpayers will automatically avoid interest and penalties on the taxes paid by May 17. This extension gives them until October 15 to file their tax return. An extension to file is not an extension to pay. Taxes must be paid by May 17 to avoid penalties and interest on the amount owed after that date.
Tax-exempt organizations that need additional time to file beyond the May 17 deadline can request an automatic extension by filing Form 8868, Application for Extension of Time To File an Exempt Organization Return. An organization will be allowed a six-month extension beyond the original due date. In situations where tax is due, extending the time for filing a return does not extend the time for paying tax. The IRS encourages organizations requesting an extension to electronically file Form 8868. This extension gives them until November 15 to file their tax return. An extension to file is to stay with tax exempt status.
ExtensionTax.com – Trusted Electronic Filing Partner
ExtensionTax.com is an IRS Authorized electronic filing provider for all the Federal Extension filing since 2010. ExtensionTax is a product of ThinkTrade Inc. and trusted by thousands of tax payers. By reporting a tax extension electronically you can get an approval notice to your email instantly from the IRS through ExtensionTax.com. ExtensionTax.com is the cost effective way to report and claim the extensions, it is as easy as 1-2-3!
Simple steps and quick process, a step by step process to complete your tax extension is 3 simple steps. We have a tax expert team at your sides to help you through you filing process and to answer your questions instantly. Take a step forward to choose electronic filing to simplify the tax reporting process and get additional time on your tax return.
Talk to us today at 866 – 245 – 3918 and email us at support@ExtensionTax.com.