![how to file extension for business tax return how to file extension for business tax return](https://data.formsbank.com/pdf_docs_html/199/1997/199730/page_1_thumb_big.png)
If you don't have all the necessary documents, physically do not have the time to file, or have another reason delaying you from completing your return, then you may want to request an extension.
![how to file extension for business tax return how to file extension for business tax return](https://kalilassociates.com/wp-content/uploads/152999960-300x199.jpg)
The IRS will not accept any requests after April 18 if you miss the deadline, you should complete your return as soon as possible to minimize the late payment penalties.ĭetermining whether or not you should file a tax extension depends on your current situation. Failure to file a return or an extension by this date will open you up to the potential for late payment penalties. If you're interested in filing for a tax extension, the deadline is April 18. Even if you file for an extension, you need to make an estimated tax payment by April 18 to avoid any potential taxes or fees. It's important to note, though, that tax extensions give you an extension on filing your return - not on paying your taxes.
![how to file extension for business tax return how to file extension for business tax return](https://data.formsbank.com/pdf_docs_html/237/2376/237670/page_1_thumb_big.png)
![how to file extension for business tax return how to file extension for business tax return](https://www.taxbandits.com/content/images/form4868.jpg)
The traditional tax extension gives filers an additional six months to complete their returns. What is a tax extension?Ī tax extension is a request filed with the Internal Revenue Service (IRS) to allow you to file your tax return at a later date. While this may seem like a simple solution to the impending deadline, there are several factors you need to consider before choosing a tax extension.