Hello, business income taxpayers! If you can’t submit the business income tax reports on time and need the extra time, you must not miss this chance to apply for a business income tax extension using the IRS Form 7004. Once applied, you can enjoy the automatic six-month period to report your business taxes with appropriate proof and supporting documents. Remember that this Form 7004 extension does not apply to your business income tax payments. You must pay your taxes at least 90% using your original tax form and apply for the automatic extension using Form 7004 by the deadline.
