Why file for an extension
1.
Filing a tax extension
(Form 4868 for individuals, or Form 7004 for businesses) is easy.
2.
Tax extensions are
automatic and you don't need a reason to get one ― the IRS doesn’t ask.
3.
A tax extension gives you
6 more months to file your tax return.
4.
There's no penalty to
filing a tax extension.
5.
You like having options
and a tax extension means you have the option to file later. You also don't
necessarily have to wait until October to file your return.
necessarily have to wait until October to file your return.
6.
Tax extensions are
inexpensive, especially compared to the penalties and interest incurred if you
fail to
request an extension.
request an extension.
7.
You're missing an
important tax form.
8.
Avoid the long, annoying
lines at the Post Office every tax season.
9.
You have unresolved tax
issues from previous years.
10.
Most importantly filing an
extension is FREE
The only thing that you need to remember is that filing
an extension is only to file your tax return not to an extension to pay your
taxes. You would still have to pay your taxes before April 15 in order to avoid
the penalty and interest for under payment of taxes. This is very important to
remember
Compliments
of VXL Services, a Business Consulting Services Company that provides Tax
Planning and Tax return preparation to Individuals across US. Please contact Prakash
Iyer CPA
We
also provide Accounting, Tax, Payroll, Consulting and Company Incorporation
Services to Start ups, Small and Medium Sized companies across US.
If you have any questions please contact us at (732) 983 – 4150 or visit us at www.vxlservices.com
If you have any questions please contact us at (732) 983 – 4150 or visit us at www.vxlservices.com