Filing a Tax Extension with the IRS may sound complicated, but it has become an incredibly simple process to e-file Tax Extensions online.  ExpressExtension.com is an IRS-Authorized E-File Provider for Tax Extensions.  Make it simple to instantly E-File Tax Extensions with the IRS using Form 7004 for Business Tax Extensions, Form 4868 for Personal Tax Extensions, and Form 8868 for Nonprofit Tax Extensions.

Because of the complexity of tax laws, it can be very helpful to have a CPA or other type of tax professional help with your tax filing. However, many CPAs and tax professionals become incredibly busy during the traditional filing season. Due to this work overload, many CPAs find it beneficial to have their clients file Tax Extensions.

All that is needed to file the return is a basic understanding of your business or filing status, as well as your Social Security Number and Employer Identification Number (EIN) if you are filing a business extension.  The entire process takes only about 15 minutes.  The IRS also requires an estimated tax liability.  Since a tax extension is an extension of time to file the return, and not to pay the return; the IRS will still expect the full tax payment on the traditional deadline.

Business Tax Extensions must be filed by the traditional March 15th deadline this year. 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.

The wonderful thing about e-filing these tax extensions is that they can be filed from your home or office. All you need is an internet connection. Express Extension lives up to its name in terms of speed; once a return is submitted, it is typically accepted within minutes of filing. If you have any questions about filing Tax Extensions, you can contact the Tax Extension Experts from their US based Customer Support Center in Rock Hill, SC at 803-514-5155 or send an email to support@ExpressExtension.com. They offer live support between the hours of 8am – 6pm EST, Monday through Friday.

Filing a Tax Extension is very easy to do when you use ExpressExtension.com.  All that is needed to file this is a basic knowledge of your business.  Here is a recap of what the IRS requires to submit a Tax Extension for a Business, Individual, or Nonprofit Organization.

IRS Form 7004:  This form is used by businesses such as Multi-Member LLCs, C Corporations, S Corporations, Partnerships, Trusts, and Estates.  This is commonly referred to as a form for Business Tax Extensions.  This IRS Form gives a Tax Extension of 5 – 6 months.

IRS Form 4868:  This IRS form is used for filing Individual or Personal Tax Extensions.  This can be used to extend the tax deadline by 6 months for personal returns, 1099 Contractors, Sole Proprietorships, and Single-Member LLCs.

IRS Form 8868:  Non-Profit and Exempt Organizations can use the Form 8868 to apply for an automatic 3 month tax extension or a non-automatic additional 3 month extension.

Tax Extensions:  Filing a Tax Extension with the IRS extends the amount of time to file a Tax Return.  It does not extend the amount of time to pay taxes.  The IRS will still expect a tax payment to be made by the traditional filing deadlines, but the tax return itself is not required until the extended deadline.

Filing Status:  If you are filing a business or nonprofit tax extension, it is required to list your business or organization type and the specific tax return form that will be filed.  Likewise, if a person is filing an individual tax extension, it is required to list your filing status (married filing jointly, single, married filing separately, etc.)

Business Tax Year:  Although it is common to use the calendar year as the business tax year, that is not always the case.  If a business follows a different tax period, that will need to be specified.  Also if a business was started or ended during the year, its tax period may be shorter than a full year.

Estimated Tax Amount:  A Tax Extension extends the amount of time to file a tax return.  It does not extend the amount of time to pay taxes.  Therefore, the IRS will still expect the full tax payment at the traditional deadline.

If you have any questions about filing Tax Extensions, you can contact the Tax Extension Experts from their US-based Customer Support Center at 803-514-5155 or send an email to support@ExpressExtension.com. They also offer online chat support during their live support hours from 8am – 6pm EST.

The IRS Form 7004 is the official document that businesses can file in order to receive an additional 5 to 6 months to file a tax return. This form can be used by many different business types such as: Multi-Member LLCs, C-Corporations, S-Corporations, Partnerships, Trusts, and Estates.

The quickest method of filing this form is by using ExpressExtension.com. The IRS has authorized ExpressExtension as an official E-File Provider for Forms 7004, 4868, & 8868. The E-File option for this form allows businesses to easily file this form in minutes from anywhere.

All that is needed to file this form is a basic knowledge of the business as well as its official tax status. Most of this information can be found on a previous year’s tax return as long as that information has not changed. Important data such as the official business type and also the specific IRS tax return type needs to be entered in this Form. If you are unsure of this information, please check a previous return or a tax professional.

An estimation of taxes is also required.  A Tax Extension only extends the amount of time to file a tax return with the IRS, not the tax payment itself. The IRS will still expect the full tax payment to be made by the traditional deadline. The tax estimation must also be accurate. The IRS may impose harsh penalties if the tax payment is significantly less than the actual amount due according to the final return.

When E-Filing this tax extension through Express Extension, there is an option to pay the estimated tax amount online through an Electronic Funds Withdrawal, or EFTPS (Electronic Federal Tax Payment System). Businesses are required to pay all of the taxes up front. The IRS will impose penalties and Interest on any business that pays less than the estimated tax amount.

ExpressExtension can also be used to file Personal Tax Extensions with Form 4868, and Non-Profit Tax Extensions with Form 8868. Express Extension lives up to its name in terms of speed; once a return is submitted, it is typically accepted within minutes of filing.

If you have any questions about filing Tax Extensions, you can contact the Tax Extension Experts from their US-based Customer Support Center at 803-514-5155 or send an email to support@ExpressExtension.com. They also offer online chat support during their live support hours from 8am – 6pm EST.