Unfold The Secrets Of E-Filing With ExtensionTax.com

Paying and filing taxes is a part of our lives. With that, every form that comes under the list of income tax have a specified due date and a penalty tagged along if at all the payment and filing is not done by the due date.

Individual income tax is paid on and off round the clock, however, if you’re residing outside U.S, you still owe the States a part of your income. Also, let me add, the due date for paying your U.S. Income Tax Return for U.S. Citizens and Resident Aliens Abroad falls on April 15th of every calendar year. Continue reading

A Brief Insight into the IRS Extension Form 7004

Almost every business owner and income tax filer is well aware of the fact that IRS form 7004 is for “Automatic Extension of Time to file Certain Business Income Tax, Information and Other Returns”. IRS form 7004 is of the simplest form to fill after downloading either from the IRS website or from an IRS authorized filing website. For those who are filing for an extension for the first time or wanting to brush their knowledge on IRS form 7004, then reading this blog would be helpful. Continue reading

Exempt Organizations can Gain Automatic Extension via Form 8868

The IRS offers automatic 3 months extension to exempt and non-profit organizations that are not required to pay their taxes but file.  However, they can always file for an extension through form 8868 and Extensiontax.com is a leading IRS certified service provider helping many organizations file for an extension with ease. Therefore, exempt organizations wanting to file for an automatic 3 months extension (6 months for corporations filing through form 990-T) can do the same online before the time expires. Additionally, trustee of trust required to report to the IRS through form 1041-A or 5227 can use form 8868 to get automatic 3 months extension. It is important to keep in mind that exempt organizations can get additional 3 months extension but only when they are granted the first 3 months extension. Continue reading

Know More about Automatic Extension Form 4868

Businesses and individuals not having enough time to report their income taxes usually take the option to file for an extension, thus giving them additional time to file their income tax return. However, it is essential to keep in mind that the additional time given is for filing tax return and not for paying what one owes to the IRS. To get your tax extension immediately, it is advisable to file online and with an authorized service provider like Extensiontax.com. It is true most of them would be aware of the rules of filing an extension but there are few things to be clear about, as discussed below: Continue reading

Extension Laws Followed In Wisconsin

Filing taxes is mandatory for every U.S Citizen by April 15th of the year following the tax year. However, there are times when you’re not able to meet the deadline and don’t have time to file federal individual income tax return, you can apply for an federal extension and once it get approved, you obtain an extension to file your federal return as well as file your Wisconsin state tax return.

Also, keep in mind gaining an extension, does not mean that you don’t have to pay any taxes owed by the original deadline. Continue reading