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Filing Your Taxes Getting Too Complicated? Get a Tax Extension!

Everyone’s Tax Return is unique to them, and each year there seems to be more and more information to organize. Although your taxesmay have been simple in the past, it’s likely to get more and more detailed each year.  For every major life event,taxes get more complicated.  For example, if you have a child, adopt a child, buy a house, pay for college, or start a business (to name a few) your taxes become more complicated.

Due to the increased complications involved in filing a tax return, each year more and more people are filing Tax Extensions for their Personal, Business, and Non-Profit Tax Returns.  The IRS accepts Personal Tax Extensions by filing a Form 4868. This allows individuals 6 additional months to file their tax return.  Business Tax Extensions are filed with the IRS by usingForm 7004.  This allows businesses an additional 5-6 months to file their tax returns.  Non-Profit organizations can also extend their tax deadline by filing anIRS Form 8868.  This provides Non-Profit Organizations an automatic 3 Month Extension.  They may then file for a Non-Automatic additional 3 month extension after that.

These easy options allow individuals and businesses to properly organize all of their necessary tax documents so that they can be sure that they are receiving the appropriateTax Credits, and paying the right amount.  Tax Professionals appreciate it when peoplefile for an extension, rather than bombard an already busy person with much more work on the busiest week of their year.  This is another incentive for individuals and organizations to file for a tax extension; accountants and tax professionals are less busy in the summer months than in April.  Most tax preparers are neck deep in paperwork by the time the tax deadline rolls around.

Fortunately, these IRS Tax Extension Forms can also be E-Filed online.Extensiontax.com allows Individuals, Businesses, and Non-Profit Organizations to file Tax Extensions with the IRS.  The beauty of E-Filing is that there is no need to leave your home or office, buy postage, or risk it getting lost in the mail.  According to the IRS, E-Filing is the easiest, fastest, and most secure way to file any IRS Form.

Millions of people e-file their tax extension forms every year. The IRS has a digital initiative–a push to get up to 80 percent of their forms online–and tax extensions are included in that. E-filing a federal personal, business and nonprofit tax extension with Form 4868, 7004and 8868 is quick and easy. A tax extension extends the time to file, not to pay taxes (if they are owed).

www.ExtensionTax.com is committed to provide the Best in Quality and Service for all our users,  www.ExtensionTax.com /www.TaxExcise.com is a certified, IRS authorized, e-file service provider for Form 2290, Form8849, Form720 & Extensions for  Form4868,  Form8868 and Form7004.

www.ExtensionTax.com /www.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification.For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at  support@extensiontax.com / support@taxexcise.com

Missing Form W-2? File an Extension online @ www.ExtensionTax.com.

Before you file your 2011 tax return, you should make sure you have all the needed documents including all your Forms W-2. You should receive a Form W-2, Wage and Tax Statement, from each of your employers. Employers have until January 31, 2012 to send you a 2011 Form W-2 earnings statement.If you haven’t received your W-2, follow these steps:

1.     Contact your employer If you have not received your W-2, contact your employer to inquire if and when the W-2 was mailed. If it was mailed, it may have been returned to the employer because of an incorrect or incomplete address. After contacting the employer, allow a reasonable amount of time for them to resend or to issue the W-2.

2. Contact the IRS If you do not receive your W-2 by February 14th, contact the IRS for assistance at 800-829-1040. When you call, you must provide your name, address, city and state, including zip code, Social Security number, phone number and have the following information:

• Employer’s name, address, city and state, including zip code and phone number

• Dates of employment

• An estimate of the wages you earned, the federal income tax withheld, and when you worked for that employer during 2011. The estimate should be based on year-to-date information from your final pay stub or leave-and-earnings statement, if possible.

3.     File your return You still must file your tax return or request an extension to file April 18, 2011, even if you do not receive your Form W-2. If you have not received your Form W-2 by the due date, and have completed steps 1 and 2, you may use Form 4852, Substitute for Form W-2, Wage and Tax Statement. Attach Form 4852 to the return, estimating income and withholding taxes as accurately as possible.  There may be a delay in any refund due while the information is verified.

4.     File a Form 1040X On occasion, you may receive your missing W-2 after you filed your return using Form 4852, and the information may be different from what you reported on your return. If this happens, you must amend your return by filing a Form 1040X, Amended U.S. Individual Income Tax Return.

If you do not get your W-2 in time to file your Taxes, Make sure to file an Extension.

April 17, 2012 is the last day to file 2011 Taxes as an Individual OR Extension Form 4868 should be filed if you cannot complete your return on the due date.

E-file your Extension Tax Form 4868 for automatic six-months Extension with www.ExtensionTax.com.
The complete process, starting from signing up in to the website to transmit takes just a few minutes. Plus, Extensiontax.com offers the lowest price in the industry.Extensiontax.com has loads of contextual help and support windows to guide users through the process. Other tax extension programs expect users to know what every form means; Extensiontax.com spells it out, and makes it easy. The website is intuitive, simple, and low on confusing tax jargon.

www.ExtensionTax.com is committed to provide the Best in Quality and Service for all our users,  www.ExtensionTax.com / www.TaxExcise.com is a certified, IRS authorized, e-file service provider for  Extensions for  Form4868,  Form8868 and Form7004 & for Form 2290, Form8849, Form720 .

www.ExtensionTax.com / www.TaxExcise.com are products of Think Trade Inc. We are a BBB accredited company with A+ certification.

For any questions you may have regarding Excise Tax Filings please reach us at 1-866-245-3918 or simply write to us at  support@extensiontax.com / support@taxexcise.com

Facts about Form 8868!

The official name of the form is “Form 8868 : Application for Extension of time to file an Exempt Organization Return“.

File Your Tax Extensions Online

Form 8868 is used by an exempt organization to request an automatic 3-month extension of time (6 months for a corporation required to file Form 990-T) to file its return and also to apply for an additional (not automatic) 3-month extension if the original 3-month extension was not enough. Also, the trustee of a trust required to file Form 1041-A or Form 5227 must use Form 8868 to request an extension of time to file those returns.

You cannot apply for both the automatic 3-month extension and the additional (not automatic) 3-month extension at the same time.

Use Form 8868 to apply for an automatic 3-month extension of time to file an organization’s return, and submit the original form to the IRS (no copies are needed). Or for applying for an additional (not automatic) 3-month extension.

The automatic 3-month extension (6 months for a corporation required to file Form 990-T) will be granted if this form is properly completed, filed, and any balance due on line 3c is paid by the due date for the return for which the extension applies.

File Form 8868 by the due date of the return for the form you are requesting an extension, or, in the case of an additional 3-month extension, by the extended due date of the return. When requesting an additional extension of time to file, file Form 8868 early so that if your request is denied you can still file your return on time.

An organization will only be allowed a total extension of 6 months for a return for a tax year.

Automatic 3- month (6 month in Case Corporation required to file form 990-T) can be electronically filed. However, you cannot file Form 8868 electronically if you want the additional (not automatic) 3-month extension or you are filing extension request for Forms 990-BL, 6069, or 8870, group returns, or a composite or consolidated Form 990-T.

Due Dates for Filing Form 8868


Form # Due Date to File Extension Description
Form 990 By the 15th day of the fifth month after the end of organizations accounting period or from the date of dissolution or liquidation or termination Return of Organization Exempt from Income Tax
Form 990 BL By the 15th day of the fifth month after the end of filers tax year Information and Initial Excise Tax Return for Black Lung Benefit Trusts and Certain Related Persons
Form 990 EZ By the 15th day of the fifth month after the end of organizations accounting period or from the date of dissolution or liquidation or termination Short Form Return of Organization Exempt from Income Tax
Form 990 PF By the 15th day of the fifth month after the end of foundation’s accounting period or from the date of complete dissolution or liquidation or termination Return of Private Foundation or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation
Form 990 T(corporation)6 months extension By the 15th day of the fifth month after the end of tax year Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e))
Form 990-T (sec. 401(a) or 408(a) trust) By the 15th day of the fourth month after the end of tax year Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e))
Form 990-T (sec. 401(a) or 408(a) trust) By the 15th day of the fourth month after the end of tax year Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e))
Form 990-T (trust other than above) By the 15th day of the fifth month after the end of tax year Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e))
Form 1041 A By 15th April after the calendar year (2011) U.S. Information Return Trust Accumulation of Charitable Amounts
Form 4720 By the 15th day of the fifth month after the end of entity’s accounting period Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code
Form 5227 By 15th April after the calendar year (2011) Split-Interest Trust Information Return
Form 6069 By the 15th day of the fifth month after the end of tax year Return of Excise Tax on Excess Contributions to Black Lung Benefit Trust Under Section 4953 and Computation of Section 192 Deduction
Form 8870 A charitable remainder trust described in section 664(d) file by 15th April 2011. All others by the 15th day of the fifth month after the end of tax year Information Return for Transfers Associated With Certain Personal Benefit Contracts

Form 8868 can be filed electronically to the IRS through an approved E-file provider. One such Form 8868 e-file provider is www.extensiontax.com.

You can e-file an extension request using www.ExtensionTax.com software with your own computer. The IRS acknowledge receipt of the extension request if you file through ExtensionTax.com.
Remember the inbuilt provisions in e-filing service enable data maintenance efficiently. Thus your data is safe and retrievable at any point of time.
ExtensionTax.com can help you access the forms you need to e-file your extension in time. It’s Simple, Safe and Secured.
To know more about Filing your Form 8868 electronically visit www.tax8868.com/www.ExtensionTax.com.
For any further support o filing Extension for Tax Forms call our Help Desk 1-866-245-3918 or simply email your queries to support@ExtensionTax.com.