Just 2 Days Left! E-File Form 7004 before March 15 to Extend 1120-S and 1065 Deadlines
ExpressExtension makes the e-filing of Form 7004 easier than ever!
The deadline to file 1120-S, 1065, and certain other business tax returns is March 15, 2023. With only 2 days left before the deadline, applying for a business tax extension now can prove to be more than vital in avoiding the last-minute rush and late filing penalties.
In order to request an extension, businesses must file Form 7004 on or before the original deadline.
Why File an Extension Form 7004?
Preparing your business tax return can be a complex process, and you may need some extra time to gather the information needed to complete your tax return. So, instead of preparing your returns in a rush, it’s always a better option to get an extension of time by filing Form 7004 before your original deadline.
This is an automatic extension, meaning the IRS doesn’t require any explanation, just an accurate form filed by your
Also, by filing an extension with the IRS, you are able to avoid unwanted penalties that will begin to pile up if you fail to file your tax return on time. These penalty rates will vary depending on which form the IRS requires you to file and how late it is filed.
How to File Form 7004
Filing Form 7004, Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns, is actually simple! Here is the information you will need to get started:
- Your business type (S-corporation, partnership, etc.)
- Your basic business information like your name EIN, and address (remember, for approval, this information must match what the IRS has on file)
- Which tax form are you requesting an extension for
- The start and end date of your tax year, do you operate on a calendar year?
- Your estimated tax payment
To learn more on how to complete your Form 7004, visit here.
Does this Extension Apply to Tax Payments?
When you file an extension with the IRS, only the deadline to file your tax form will get extended, and you are still required to pay your tax dues on or before the original deadline if any.
Failing to complete tax payments within the original deadline ca result in late fees and penalties from the IRS.
File Form 7004 in Minutes with ExpressExtension!
Are you ready to start filing your Form 7004 with ExpressExtension? Not only do we offer a simple and speedy filing process, but we also provide updates on the status of your extension with the IRS.
Under our Express Guarantee, you can get an automatic refund if your 7004 form gets rejected by the IRS as duplicate filing.
Did you know that ExpressExtension allows you to easily make a tax payment while completing your extension? You can choose to make your IRS Tax Payment using our convenient IRS payment options.
You can submit your payment via Electronic Funds Withdrawal (EFW) or the Electronic Federal Tax Payment System (EFTPS). Both are secure and ensure that your payment is submitted to the IRS with your extension.
Not just the federal extension, you can complete and download the business tax extension forms for certain states. For the ultimate stress-free filing experience, avoid IRS penalties today by E-filing Form 7004 with ExpressExtension.