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Taxes Extended

April 18th, 2011
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Today is April 15th, a day that has as deep of a connotation as July 4th or December 25th, but taxes are not due today due to “Emancipation Day” which is a government holiday in Washington DC.  Instead, taxes will be due on Monday April 18, 2011.  So this year, everyone has a 3 day tax extension.  This is information that your tax professional most likely didn’t want you to know, because these dates will all be incredibly busy for the many procrastinators that expect to be able to file within only a day or two.  

On a similar note, If you are just now getting ready to file your tax return, you would be much better off filing a Tax Extension.  The IRS does not require a reason to file a tax extension, and this can give you up to six months to organize all of your necessary tax-related documents.  If you prefer to meet with an accountant to discuss your taxes, you would also be better off filing an extension because every tax professional in America is neck-deep in paperwork during Tax Season.  

If you are an individual wishing for more time to file a personal return, you can file IRS Form 4868.  This will extend your tax deadline for six months.  If you represent a Non-Profit Organization, you can file a Form 8868 for a 3 month extension.  If you need additional time, you can then file for an additional 3 months.  Businesses that find themselves too busy to file a tax return can file Form 7004 for a 5-6 month extension (the exact amount depends on the business type).  

The greatest part of all this is that these forms can all be filed form your computer.  ExpressExtension.com is a very easy-to-use program that uses straight talk and not confusing tax jargon.  If you need find yourself in need of filing a Tax Extension because you don’t have the time to get your return done by April 18th, this may be a good option.

IRS Extends Filing Deadline to April 18

January 5th, 2011
WASHINGTON — The Internal Revenue Service today opened the 2011 tax filing season by announcing that taxpayers have until April 18 to file their tax returns and tax extensions. The IRS reminded taxpayers impacted by recent tax law changes that using e-file is the best way to ensure accurate tax returns and get faster refunds.
Taxpayers will have until Monday, April 18 to file their 2010 tax returns or extensions and pay any tax due because Emancipation Day, a holiday observed in the District of Columbia, falls this year on Friday, April 15. By law, District of Columbia holidays impact tax deadlines in the same way that federal holidays do; therefore, all taxpayers will have three extra days to file this year. Taxpayers requesting an extension (Form 4868) will have until Oct. 17 to file their 2010 tax returns.
For more information regarding tax extensions for personal and business tax returns, please visit www.ExpressExtension.com.