yes
IRS
IRS
The IRS (Internal Revenue Service) is a service that is operated and based out of the United States, and the 88 88 is used for an employee to business related tax form.
At the current IRS rate, it's $17.16 .
Six monthsIf you file for an extension on your individual tax return, the IRS will give you six more months to complete the return. The IRS changed the extensions in 2006. There is now only the option for 6-month extensions (it used to be that you would file one extension, and could then file a second one for a total of 6 months). The IRS finally figured out that it would save a lot of work (and paper) to just give everyone a 6-month extension. That means an individual tax return would be due on October 15.Note: The extension is almost always for "time to file", NOT time to pay. You are still expected to pay by April 15. You must be entirely paid when you ask for the extension, or it won't be considered valid OR have penalties.
If you require a tax extension and do not owe any money to the IRS, then you are in good shape. However, if you do owe money to the IRS, then you are still going to have to pay up by the deadline. Even if you want to get a tax extension, you will have to pay at least 90% of what you owe to the IRS ahead of time. The other 10% of what you owe may then be given to the IRS by the tax extension deadline. Be sure to understand the tax extension deadline rules so you do not get into legal trouble with the IRS.
A tax extension is an approved extension for the date to submit your income taxes. In order to get a tax return extension, you are required to complete an application with the IRS which can be found here:http://www.irs.gov/pub/irs-pdf/f4868.pdf"
Click on the link below.
People unable to meet the April 15th federal tax filing deadline may be eligible for a filing extension. Filling out IRS Form 4868 will allow a taxpayer six more months to file, with the new deadline becoming Oct. 15th. It is important to understand that this is not an opportunity to delay payment. Taxes due will need to be estimated and turned in with the extension application. To best avoid any fees or penalties, this should be taken care of as soon as it is evident that an extension will be necessary.
If properly complested and submitted, acceptance is automatic
You can get an automatic 6 month extension period from the IRS. I found the form, but I'm sorry to not be able to find an actual deadline irs.gov/pub/irs-pdf/f4868.pdf Irs.gov has more info on things to consider when getting an extension.
Corporate tax extensions will give you 6 more months to file your IRS income taxes. Most corporations operate on the calendar tax year, which means the original filing deadline is March 15 and the extended tax deadline is September 15.ExpressExtension.com (www.ExpressExtension.com) is the best place to e-file a tax extension. They are an authorized IRS e-file provider, and their site is encrypted and secure. Their sleek system is easy to navigate and simple to use. Unlike paper filing, you'll receive a confirmation of your extension approval from the IRS in a matter of hours when you use ExpressExtension.
Every year, thousands of people find themselves unprepared to file their taxes. If you are one of them and simply fail to file your taxes, then you will have to face the wrath of the IRS. Instead of facing the wrath of the IRS, you should file a special form and receive a legal extension period for filing your taxes. You can file the Form 4868 and receive an automatic 6-month extension on the filing of your taxes. The only caveat with this option is that you must file for an extension by the due date set forth by the IRS.
If you have gone through an e-file provider, it will time stamp your application and apply for an extension on your behalf. If you do your own taxes, you can go to the IRS website and download or apply directly for an extension.
No. Especially if you owe no tax. The ONLY extension is for an extension to file, not to pay. You should have paid at least what you would estimate to have owed, the extension essentially becoming to justify and support that estimate. If you underestimate, a small penalty and interest would be charged when that is determined. Otherwise, the estimate works, and if less than proven, will be refunded. ====== To clarify: There is no fee charged by the IRS. You can get the form for free from the IRS or the IRS web site and mail it in by yourself (for the cost of a postage stamp). If you want to electronically file it, the IRS does not accept efile directly from the public. You have to go through a private efile provider who may charge you for efiling. Similarly, if you want to use the services of a tax professional, they may charge you a fee.
it is necessary that you file your taxes by April 15th because that is the last date kept by the IRS for tax filing and if you don't by the due date, then you will be levied with heavy penalties which I'm sure you wouldn't want to pay. However, there is another solution to not filing for taxes by April 15th. If you don't have time for filing taxes you can file for a tax extension. Tax extension grants you automatic 6 months extension on filing for your tax returns. However, it does not mean that you don't pay up. Nowadays e-filing is so easier and you got many IRS providers online for easy extension services.