File Corporate Tax Extension for 2011, 2012

Have you filed your income tax return form? If you haven’t, it’s not too late. You can file for a corporate tax extension. I hope you know that filing for an extension to complete the income tax return is very different from paying any monies owed.

If you owe the IRS money then, you had better pay it by April 15. If you don’t, you will be whacked with sizable penalties and interest.

Payment

If you haven’t paid income tax due by the deadline then, the IRS can invalidate your request for an extension. Form 7004 is the application for automatic six month extension of time to file by the due date of the income tax return. The extension due dates can really vary depending on how you have set up your business.

Corporations

If you happened to put your business together as a corporation then, your extension is due the third month, after the end of your tax year. That depends on whether you’re set up as a calendar year or a fiscal year. Of course the calendar year ends on December 31.

Partnerships

If you happened to set your business up as a partnership then, your extension is due the fourth month, after the end of the year.

Tax Software

Now it’s time to investigate your options. You can pay up the whazoo for a tax professional down the street or you can use a professional income tax return software company online. If you’re feeling a little apprehensive about filing a tax return online don’t worry at all.

I used to feel that way until I used Turbo Tax Online. Their software is the best you will ever find. It’s so easy to use and it’s put into simple English words that we can all understand.

E-File

You can file electronically using e-file services. You will need to have a copy of last year’s tax return. The information they will need is the adjusted gross income amount from the return for taxpayer verification. If you need to file for a corporate tax return extension, I suggest giving TurboTax Online a try today!

You can set up an easy extension account and finally have your income tax return completed. Let the tax experts lead you through all of the red tape and make it easy as 1, 2, 3. Get started today!