Most of the corporate tax payers do not find time to file their tax returns within the deadline stated by IRS. They may own a small or large organization but; they cannot stay away from filing their tax returns. Being busy all the time, most corporate business owners forget about filing tax returns on time. Such business tax payers can request for an extension of time to file taxes to IRS.
Deadline for Form 7004
Forms used by Corporations to file their taxes are 1120, 1120A and 1120S. Form 1120 is used by C-corporations for filing their business taxes. Form 1120A is a shorter version of Form 1120 used by corporations, Form 1120S is used by S-corporations (domestic corporation selected to be taxed as a corporation) to report the income gained, losses, deductions, credits etc.
Due date for filing the above mentioned forms fall on March 15th, Since the deadline falls on a weekend this year, the due date is moved to March 17th . Businesses that are not ready to file their corporate income taxes on or before March 17th can File Form 7004 to request for an extension of time to file their Taxes. Due date to file form 7004 is March 17th 2014.
Apply For an Extension for a Corporate Business Online
Though there are several known methods for filing for an Extension, the fastest and IRS recommended way of filing is to file it online via Extensiontax.com. The website is integrated with simple, easy, understandable steps and the service provided is safe, secure and reliable.
Steps for E-filing Form 7004 through Extensiontax.com.
1) Log on to ExtensionTax.com and create a username & password for secured Extension filing.
2) Fill in details about your business which includes your exact business name registered with the IRS, a minimum 15 days old EIN & Business address as per IRS records. The moment you complete the form, the application allows you to electronically transmit your extension request to IRS.
3) Once IRS accepts your extension, you instantly receive an alert email confirming the acceptance of your extension.
We know e-filing is the most affordable method in means of time, energy and funds. Extensiontax.com, a product of ThinkTradeinc.com is one stop service provider for all your needs. We have always indulged in ensuring best and user-friendly services through our application. However, we still look forward for your feedback. They are as important as you are for us. We are readily available @ 1-866-245-3918 or drop us an email to support@extensiontax.com.