Tag Archives: IRS Form 7004
Do You Need More Time to File Your Taxes?
Most people would rather be doing something else besides filing their taxes, but since tax filing is a necessity, it is best if people get their taxes filed correctly on time (or earlier). Sometimes things get in the way, though, …
IRS Tax Extension Online: Get More Time to File your Tax Return
Are you prepared to file your taxes by April 15th? Do you have the funds to cover your tax liability? Does your business need extra time to get the documents required to meet the information requirements for your tax filing? …
E-file Tax Extension with No Stress
What is an Electronic Tax Extension? An electronic tax extension, is a process in which people are able to file for an extension on their tax deadline and complete their taxes online. E-filing tax extensions are a viable alternative besides …
Tax Extensions: Snail Mail vs. Online
It is a critical time of year for tax returns. If you have not started your tax return filing yet, you are running out of time. With less than a week left before the April 15th deadline for tax return …
Investment Gains/Losses Tax Tips
Many people do not truly understand the wide-ranging scope of capital gains and losses in relation to investments. While most of us understand that investments in the stock market or bonds are considered eligible for capital gains/loss implications for our …
What is a Business Tax Extension?
The IRS permits taxpayers to request an extension of time to file their annual income tax return. To apply for a business tax extension, you must submit the application (Form 7004) to the IRS. Business extensions are a bit more …
What Qualifies as Non Taxable Income?
Almost any payment you receive from an employer is considered taxable income –including your wages, salary, and cash disbursements, as well as payments in kind, most benefits, and items received in barter for services. Even certain services you receive (such …
How can I amend my Tax Return?
Amending your tax return can be an easy process, but ensuring that you need to amend it and for which reasons sometimes is less clear. This article will outline not only how you can amend your tax return but offer …
Small Business Tax Tips – How to File an Extension for Your Income Tax Return
There is little more stressful in the world of small business than tax time. There’s always that hesitation – do you hire an accountant, or do it yourself to save money? You can make the argument that hiring an accountant …
Is it Smart to Pay Your Tax Bill in Installments?
There are essentially three ways to pay your federal taxes in installments, which many people are unaware of. Of course, it is smart to pay your tax liability in installments if you fall within the guidelines for the first two …
