The official title of the IRS Business Tax Extension is known as – Form 7004 Application for Automatic Extension of Time To File Certain business Income Tax, Information, and Other Return –
what a mouthful right?
Form 7004 is a request for an automatic extension of time to file certain business tax returns, and can be easily transmitted to the IRS through ExpressExtension.com
. Filing a From 7004 will extend your time to file, not time to pay, deadline 5 to 6 months. The deadline to file a Business Tax Extension is March 17th, 2014.
If you already know you will need more time to file, it is best to go ahead and file an extension. The Business Tax Extension will be granted by the IRS if the business:
- Completes IRS Form 7004 properly
- Makes a proper estimate of the tax (if applicable),
- File the form by the due date of the return to which the Form 7004 applies
- Pay any tax that is due.
What will I need to file Form 7004?
Gather the business data the IRS requires for you to file a tax extension Form 7004: the business name, address and Tax-ID/EIN. Make sure your information matches what the IRS has on record. You can verify your information with them by calling 1-800-829-4933.
What are the steps to e-file Form 7004 with ExpressExtension?
First, you will need to create an Express Extension account and click ‘Create New Extension’ on your account Dashboard. You’ll need to estimate the total income tax payment for the filing year- if you owe money that is. Once you have got your information and estimation in hand, simply follow the directions, fill out the Form 7004 online, and Express Extension will do the rest.
If you have any questions about filing a 7004 Extension call our Express Tax Support Center, located in Rock Hill, SC, via phone: 803.514.5155 or email: [email protected]. We also provide support in Spanish.