ExpressExtension Summertime Review

Everyday that passes is another day we sadly get to the end of Summer. We, at ExpressExtension, are sure that you have created some fond memories of long, blissful days out in the sun, grilling with family and friends, chilling poolside, and taking trips to the beach. During this summer season, we also dropped a few tidbits of knowledge regarding tax extensions in the form of blogs. 

To keep you on top of the tax game before the Summer ends, ExpressExtension presents this small review. All you have to do is use the clues to solve for the correct Resource Center term that’s listed at the very bottom of this page.

Can you answer them all correctly? Let’s get started.

Resource Center Term #1

First Clue: This span of time (pun intended) can never be extended regardless of weekends, holidays, or end of year cutoffs.
Second Clue: Any re-transmission after the end of this length of time results in a late filing, but you can re-transmit multiple times during this length of time.
Third Clue: The IRS uses this time to look back ten days from the electronic postmark to see if there have been any rejections for the same Employer Identification Number (EIN) and tax period.

Resource Center Term #2

First Clue: This is a free service from the U.S. Department of Treasury in which all federal taxes can be paid.
Second Clue: You can make payments from its website, voice response system, or specific channels made for tax professionals, payroll services, and financial institutions.
Third Clue: You receive an Electronic Federal Tax (EFT) Acknowledgement Number that serves as a receipt of your payment.

Resource Center Term #3

First Clue: When you e-file, this is the date and the time that your return was filed based on your time zone.
Second Clue: If “this” is on or before the prescribed deadline for filing, but the IRS receives your return after the prescribed deadline for filing, the IRS will treat your return as timely filed.
Third Clue: When you e-file with ExpressExtension, this is generated in Eastern Standard Time.

How well did you do? You can check your answers with the following links:

• Resource Center Term #1
• Resource Center Term #2
• Resource Center Term #3

Summer may be over soon, but tax awareness lasts throughout the year. By staying up on your knowledge, you’ll stay on top of your tax season. And remember – if you need to e-file an extension for business, personal, or even exempt organization taxes, you can quickly and easily do so with ExpressExtension. By working closely with the IRS, we provide a fast and secure service that will save you time and money.

For any assistance or questions about e-filing any of our available extensions, our live professionals are standing by. Contact us by phone Monday through Friday from 9am to 6pm, Eastern Standard Time, at (803) 514-5155, by email at [email protected], or by live chat at www.expressextension.com.