Running your own business can be a beautiful thing. It can be an even better thing once you’ve witnessed your business grow and expand. With expansion, there comes greater accountability. All you want to do is run your business as efficiently as possible, and provide the best service for your consumers. While it can be done, you also have to make sure that your business remains compliant with tax regulations.
This is where we make things simpler. With ExpressExtension, you can quickly and easily e-file your business tax extension, Form 7004
, and receive an automatic extension up to five or six months depending on your type of business. The following business types can e-file a Form 7004:
- Multi-Member LLCs
- Trusts and Estates
Tax extensions for businesses are due by March 15 each year; if that day happens to fall on the weekend, then it’ll be pushed back to the next business day. ExpressExtension offers amazing features that streamline the filing process making it fast and simple; all you need is your business name, address, and tax identification number, and you can transmit your extension to the IRS in minutes.
ExpressExtension takes care of your tax extension needs, but there are other tax obligations that businesses are responsible for. As of next year, businesses will have to file documents to the IRS reporting offered health insurance coverage and health care enrollment as well as provide the report to their recipients or full-time employees. This is known as Affordable Care Act (ACA) reporting.
Through our affiliate site, ExpressACAForms, you can create an account, choose the ACA form you need, enter the necessary details, review, and then print and mail, or electronically transmit, directly to the IRS. The information you’ll need to successfully file includes
- Total employee count & Full time employee count
- Employee ID, name, and address
- Health coverage offered
- Employee share of the monthly premium (for lowest-cost self-only minimum coverage)
- Months the employee was enrolled in employer coverage
- Affordability safe harbor information
- If self-insured, information about covered individuals in plan
For more information about ACA forms, check out our blog:
Affordable Care Act Forms: An Overview
With tax extensions and ACA reporting, your business will have numerous dealings with the IRS, not to mention that you also have to file your 1099s and W-2s. But we have an affiliate site for that as well. ExpressIRSForms uses the simplified features from both ExpressExtension and ExpressACAForms, and applies them to e-filing your information returns. It also currently supports state filing for a number of different states.
Whatever it is that your business may need to file, your Express Tax Family will have you covered. Contact our live support in Rock Hill, South Carolina for any questions or assistance you may need with e-filing a tax extension. We’re available Monday through Friday from 9 a.m. to 6 p.m. EST at (803) 514-5155. You can also reach us through 24/7 email at [email protected], or live chat with us at www.expressextension.com.