Apply For Tax Extension via Form 7004 Before the Deadline

It’s high time for all businesses to file for an extension before the deadline to stay away from the last moment stress in relocating the tax documents. By applying for an extension, you can take your own time and relax yourself in preparing the tax report related to your business income during the year.  Despite of the pain and gain experienced by business owners, tax should be filed and paid on time. You are left only with seven days to file for an automatic Extension.

Use of Extension Form 7004

Form 7004 is to file for an automatic extension for your business income tax return. By filing this, IRS will offer you additional time i.e. 5 or 6 months depending upon your actual form type.  If you are new for filing business taxes, then the term extension would be really new to you and you can learn more by reading this blog. Continue reading →

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 →