For any Non-Profit Organizations or other exempt entities needing to file a Form 990 with the IRS, more time can be given by filing the Form 8868. This would allow an exempt organization to have an additional 3 months to file their tax return. Instead of the typical deadline of May 15th, this would change their tax filing deadline to August 15th.

This IRS Tax Extension can be E-Filed from any computer or smartphone in a matter of minutes. The simplest way to file this form is through ExpressExtension.com – an IRS Authorized E-File provider. Filing a tax extension through ExpressExtension takes only a few minutes and is incredibly easy to complete the process online.

These forms are different for Nonprofit Organizations because it consists of two parts: an automatic 3 month extension, and a non-automatic additional 3 month extension. These must be filed separately if one wants to use them both. Filing once will only extend the deadline by 3 months. If an additional 3 months is needed later, Part 2 of this form can be filed to extend the deadline another 3 months until November 15th. Keep in mind that the first part must be filed in order for the second part to be accepted.

Businesses and Non-Profit Organizations can use ExpressExtension to E-File tax extensions using IRS Form 7004 and IRS Form 8868. The deadline to file business tax extensions for most corporations was March 15, 2012, however most partnerships fall under the April 17, 2012 deadline. For most Non-Profit organizations, the deadline to file a tax extension is May 15th.

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.

Tax Time comes for Charities and Non-Profit Organizations just like it comes for individuals and other businesses. The primary difference is that it comes at a different time, and there are different forms to file. Unlike certain businesses that typically file on March 15th, and individuals who file on April 15th, these Exempt Organizations file their taxes on the 15th day 5 months after their tax year ends. This date is typically May 15 if the organization operates on a calendar year as the tax year.

To apply for a tax extension for an Exempt Organization such as a Charity or a Non-Profit, an IRS Form 8868 can be e-Filed online. Part 1 of the Form 8868 provides an automatic 3 month extension of time to file for Exempt Organizations.

Once this 3 month extension has been filed, the filing party may also file Part 2 of this IRS Form 8868. The second part of this form is referred to as a Non-Automatic Additional 3 Month Extension. This obviously provides an additional 3 months of time to file, but can only be filed if Part 1 has already been filed and accepted.

Note that non-profits with less than $50,000 of revenue do not need to file a Form 990 tax return, but rather they can complete a Form 990-N

It is also important to note that certain types of Non-Profit organizations cannot use this form to file a Tax Extension. For Example, anyone needing to file a Form 990-N cannot do so with the 8868.

The best way to file this form online is through ExpressExtension.com. All you need is your business information and an internet connection. ExpressExtension is an IRS Authorized E-File provider for tax extensions. A tax extension can be E-Filed online in just a few minutes from any computer or smartphone.

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.

Filing taxes after the deadline typically means that you will incur some pretty harsh penalties by the IRS.  However, there are a few situations in which the IRS does grant more time to file a tax return.

Out of Country:  Individuals who live and work out of the country automatically receive a two month extension without filing a Form 4868.  However, a return must be filed by October 15 at the latest.  This also applies to US military personnel working overseas.

Combat Zone:  In general, the deadlines for performing certain actions applicable to taxes are extended for the period of service in a combat zone, plus 180 days after the last day in the combat zone. This extension applies to the filing and paying of income taxes that would have been due April 15.

Reasonable Cause:  The IRS does also waive penalties for those individuals and businesses that had Reasonable Cause to not file or pay on time.  This is a more subjective reason to be reserved for the most extreme circumstances, and to be determined by the IRS.

Extend Your Deadline:  An individual, business, or nonprofit organization may elect to file for an extension of up to 6 months.  This is not an extension of time to pay, this is an extension of time to file the return itself.

An incredibly Simple way to file these Taxes online is through ExpressExtension.com.  This allows anyone to E-File the following Tax Extension Forms:

• IRS Form 7004: Business Tax Extension of 5-6 months
• IRS Form 4868: Personal Tax Extension of 6 months
• IRS Form 8868: Non-Profit / Exempt Extension of 3 months and additional 3 months

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.

Obviously the best way to avoid penalties and interest is to simply file on time! However, sometimes this is easier said than done.  There are many different services available for use by individuals and businesses to extend filing deadlines.  www.ExpressExtension.com is a simple online tool that can help you avoid late penalties by filing for an extension.  Ironically, one of the easiest ways to incur a penalty is also very easy to avoid.

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.

As this year’s tax deadlines are ominously approaching, many businesses and individuals are stress fully and hastily preparing to file their tax returns. But it doesn’t have to be that way! Each year, an increasing amount of forward thinking individuals are filing Tax Extensions with the IRS.  There are many different ways to file, but there is none simpler than Express Extension.

This Year, ExpressExtension has expanded their services to include the following:

*Business Tax Extensions – IRS Form 7004
*Personal Tax Extensions – IRS Form 4868
*Non-Profit Tax Extensions – IRS Form 8868

Although the IRS does not require a reason for filing a Tax Extension, there are many reasons that Express Extension may be beneficial.

1) Express Extension is an IRS authorized E-File Provider. The IRS has stated numerous times that E-Filing is the quickest and most secure way to file. Express Extension will send an email confirmation to the filing party as soon as the IRS processes the application.

2) Many Accountants and Tax Professionals are much busier in the spring than they are in the Fall. Filing for a Tax Extension makes it easier to get a proper amount of time with a Tax Professional.

3) Organizing all of the paperwork required for filing a tax return can be a daunting task. Extending the deadline for up to 6 months allows the taxpayer to organize all of their tax related documents so that they can better prepare returns and get the most credits and refunds as possible.

4) Self Employed Individuals funding a SEP IRA will also benefit from a Tax Extension because the deadline for funding this type of account is the tax due date.

With its streamlined design and user-friendly interface, Express Extension will walk through each step of the process in less than 10 minutes. Everything is spelled out in easy to read instructions, not confusing tax jargon. However, if assistance is needed, Express Extension’s dedicated team of customer service representatives will gladly answer any questions about the process via phone, email, or text chat. Express Extension is IRS authorized, safe, secure and encrypted.

Not only is the service of Express Extension beyond reproach, it is also much more affordable that its closest competitors. With prices starting at $9.95 and not exceeding $14.95, it is easily the best value of any Tax Extension Software on the market.

Express Extension is the safest, fastest, most efficient, and most affordable way to file a tax extension with the IRS.