Tag Archives: Online Extension

Tax Deadline Extended To April 17 2012.

The deadline to file personal tax returns with the IRS for the 2012 Tax Season has been extended to Tuesday, April 17, 2012. The traditional deadline of April 15 falls on a Sunday this year. Since April 15th falls on a weekend, the official deadline had to be changed. It could not be the following Monday (April 16) either due to the fact that April 16th is Emancipation Day. Emancipation Day is considered to be a holiday for the District of Columbia, and Federal Law declares that agencies such as the IRS must observe such holidays of the District of Columbia.

This will be the second year in a row in which the deadline for most tax returns will not be on the traditional deadline of April 15. Tax returns were also later last year due to the Emancipation Day holiday.The same deadline applies to anyone filing a Personal Tax Extension as well as a normal tax return. If a Tax Extension is applied for, this does notpostpone the tax payment. It only extends the time in which to file the tax return itself with the IRS.

Any taxes due must still be paid by April 17 deadline, but with a tax extension, the completed return does not need to be filed until October 15. This 6 month extensionallows tax preparers and others to get the most out of any credits and refunds.One of the easiest ways to apply for a tax extension is through www.Extensiontax.com The Fast and Easy-To-use System makes tax extensions simple and easy. The entire process takes only a few minutes to complete.

One of the greatest things about filing with Extensiontax.com is our dedication towards quality customer support. If you have any questions about the filing process or would like a little help along the way, you can call, email or chat online with our Tax Expertsanytime. You can email the us at support@extensiontax.com or chat with us online from the website:Extensiontax.com Overall, it is hard to go wrong with an easy-to-use system, a helpful team along the way, and affordable pricing options.

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

No Time To File Tax Return? File For a Tax Extension!!

Every year brings new tax season and along with it great stress and anxiety among tax payers. Why? Because tax season means collecting tax papers, doing complex calculations, contacting IRS and etc. Result? Stress, time consumption and more stress. Did you know that during the tax season, most of the people lose on their sleep and hence suffer health consequences?

If you are going through the same situation then I say stop NOW. Your health and peace of mind is more important. Keep your papers aside, stop all your calculations and relax. You don’t have to stress over your taxes because you have the option to get your tax return due dates extended by 6months. Yes, you heard it. You have till October 15^th to file your tax return. Wondering how is this possible? Simple, get hold of tax extension form and file it with the IRS.

There are 2 types of tax extension forms.

Personal tax extension Form 4868 : This form is used by individuals, single member LLCs, sole proprietors, 1099 filers and etc to get an automatic 6 month extension on their tax filing due dates. Efile form 4868 and say goodbye to your April 17^th tax return deadline.

Business tax extension Form 7004: This form is used by corporations, multi member LLCs, partnership firms and etc to file their business tax returns on a later date. If you think that you won’t be able to collect all the tax papers to file your return by the due date, go for IRS tax extension. Refer to the tax extension deadlines for 2012 for further details.

NOTE: Many people believe that filing tax extension will give them more time to pay their taxes. However, that is NOT true. Getting a 6 months extension to file your tax returndoes not allow you more time to pay your taxes. If you think you owe IRS taxes, make sure you pay them along with your tax extension form 4868 or form7004

There are 2 ways to file for tax extension: Paper filing and Electronic filing.

Many years back, paper filing was the only option to file tax returns and extension but due to its complexities and disadvantages, IRS introduced the efile option which is highly recommended worldwide. Want to find out how?

If you opt for paper file method for tax extension filing, you would first have to download the form, fill in the form (search Google for tax extension instructions). Do complex calculations to find out tax amount due to IRS, post the tax extension form back to IRS along with your tax amount cheque and even if your tax extension is approved, you won’t get any acknowledgement from IRS.

Imagine the complexities paper filing carries with it, along with huge costs and time consumption. Besides that paper file depletes our environment. Every year thousands of trees are sacrificed so that more and more paper can be produced. But if you stop paper filing, it would be a boon for the environment.

Electronic filing, on the other hand is super quick, easy and secure. Moreover, if you efile tax extension, then IRS will also provide you acknowledgment via email within few days. Efile is fast, saves time and is cost effective with extensiontax.com

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

Assumptions And Facts About Filing a Tax Extension

Taxes are unavoidable, and they must be paid. However, you can delay it by filing a Tax Extension. The IRS estimates that over 10 millionindividuals and businesses will file for a Tax Extension every year by filing IRS Form 4868,7004 and 8868.

There are several popular assumptions about filing a tax extension that need to be clarified:

Assumption: A Tax Extension will delay the time you have to pay taxes.

Fact: Taxes Should Be Paid on Time! A Tax Extension extends the amount of time to file the tax return. This means that you have more time to prepare all of your tax-related documents and get the most out of your credits and refunds.

Assumption: The IRS will impose penalties if you file a tax extension.

Fact: The IRS will not penalize you as long as your application for extension is on time and your taxes are paid on time.

Assumption: The IRS requires a reason to file a tax extension.

Fact: Form 4868, 7004 and 8868 contains no questions inquiring why a tax extension is necessary. The form is very straight forward and easy to figure out.

Filing an extension with Form 4868, 7004 and 8868 has become much easier and quicker.This is because the option to E-File has become more and more popular as compared to traditional paper filing.
There are several online options for filing a Form 4868, 7004 and 8868 with the IRS. The best, easiest and cheapest is www.Extensiontax.com. This allows you to E-File Form 4868, 7004 and 8868 from your home or office. There is no need to go anywhere, mail anything, or worry about whether it gets there on time.

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.

E-file your Extensions in 10 minutes for less than $10

Extensiontax.com makes filing tax extensionseasy with their simple and secure e-filing program. Extensiontax.com is an authorized IRS e-file provider, serving the entire Nation. With Extensiontax.com, users can e-file a personal, business or nonprofit organization tax extension in less than 10 minutes, for less than $10.

The deadline for filing a tax extension is right around the corner. With Extensiontax.com, users can e-file a six month extension quickly and easily. 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 when it comes to Efiling Extension forms 4868, 7004 and 8868.

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.

Here’s how it works:

Users quickly create an account by clicking Sign up at Extensiontax.com
They input their basic tax information into the application
The program walks them through the process and checks for errors
A couple of clicks later and their tax extensions is sent to the IRS

About e-filing :

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

What is Form 4868 All About?

File your tax extension online!

April 17th is the deadline to file your income tax return, but if you are not able to file the return by the deadline. What should you do? File an extension, of course.

You can automatically extend the April 17 due date to October 15 by filing Form 4868, “Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.” So now you have six more months to file your personalincome tax return.

The good thing about Form 4868 is that simply filing this form grants an automatic, no-questions-asked 6-month extension. You don’t have to have a reason. Just sending this form to the IRS on or before April 17 gets you the extra six months.
But here’s another important point about Form 4868: This 6-month extension is NOT an extension to pay any tax you may owe on the tax return. Form 4868 only grants an extension of time to file the tax return.
So, if you usually get a refund on your personal tax return, you are OK. But, if you think you might have a balance due, or if you are not sure, then you should go ahead and prepare the return to the best of your ability, do the calculations, and see where you stand.

If you are getting a refund, great! If you’re not in a hurry to get the refund, then file theextension form and wait until October 15 to send in the return. But if you have a balance due on the return, then you should send in your balance due with Form 4868. That way you avoid any penalty and interest for late payment of tax.

When October 15 rolls around, you send in the return, showing the Form 4868 payment as a credit. The end result is this: you paid your tax on time (April 17), and you filed yourtax return legally late (October 15) because you filed the extension form on time.

Obviously, the key here is whether or not you have a balance due on your return. If you have a balance due, but don’t send in the payment with Form 4868, then you will have penalty and interest charges for paying the tax after April 15.Bottom line: Do not overlook the fact that Form 4868 does not grant you an extension of time to pay the tax. It only gives you an extension of time to file the return.

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