IRS Penalties: Failure to File vs. Failure to Pay
Failure-To-File and Failure-To-Pay are two separate penalties the IRS can charge you with. The law provides that the IRS can assess a penalty on either or both instances, should they...
Tax Extensions: Need More Time To File Your Taxes?
Tax season sometimes just sneaks up on you and suddenly you are in need of more time to file. So what do you do? File a Tax Extension. What is...
Due March 17th – Form 7004: Business Tax Extension
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...
How Does An Electronic Postmark Work?
Whenever an IRS Form is E-Filed online, the form is marked with an Electronic Postmark bearing the date & time the return was filed according to the transmitter’s time zone....
Reasons To File A Tax Extension
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...
W-2 State Filing Deadline Coming Up
Some states require filing of W-2 sooner than you thing. There is a state filing deadline coming up Friday, February 28th. Our sister product – ExpressTaxFilings.com has a quick and...
Everything You Need To Know About A ‘Perfection Period’
Perfection Period is the 10-day time period to perfect (or correct) that return for electronic re-transmission, after an electronically transmitted business return has been rejected. For Forms 7004 and 8868,...
Tips To Help You Prepare For Tax Time
It’s that time of the year again and we have a few tips that will help you prepare. Keep Accurate Records Regardless if you file on your own or have...
Business Tax Extension Deadline is March 17th
IRS Form 7004, officially known as the “Form 7004 – Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns,” is a request for...