“Make sure you pay your taxes; otherwise you can get in a lot of trouble”– Richard M. Nixon
The Trouble Richard was quoting is right around the corner. YES! You read that right, March 15th, is your deadline to file and pay your Business Income taxes for 2018. Not everyone is prepared to file their Business Income Taxes, due to lack of paper work or lack of time.
Though March 15th 2019 is the official deadline to file your Business Income taxes, it is not the end of the road for you. You can legally, postpone your Official Tax Due date to September by simply E-filing Federal Extension Tax Form 7004. Form 7004– Application for Automatic Extension of Time to File Federal Business Income Tax Return. Continue reading E-file for an Extension on Your Business Income Tax Today!
The Internal Revenue Service today announced that it is granting taxpayers and tax Preparer’s affected by Hurricane Sandy until Nov. 7 to file returns and accompanying payments normally due today. The relief applies to taxpayers and tax Preparer’s in an area affected by Hurricane Sandy or otherwise impacted by the storm that hit the Mid-Atlantic and Northeastern United States this week.
This relief primarily applies to businesses whose payroll and excise tax returns and payments are normally due today. No action is required by the taxpayer; this relief is automatic. Regular federal tax deposits are due according to current rules. However, the IRS notes that if taxpayers or tax practitioners receive a penalty notice for this period, they can contact the IRS at the number on the notice to request penalty abatement due to reasonable cause on account of the storm.
IRS expects to grant additional filing and payment relief as qualifying disaster declarations are issued by the Federal Emergency Management Agency (FEMA).
Tax Excise is now offering a flat 10% discount on all excise tax forms filing fee filed through us in a support of taxpayers and Preparer’s affected by hurricane sandy and storm. Just apply the coupon code: “ELECTION2012” to avail the discount. Not to forget, this is valid only through Nov 6, 2012. This would also enroll you automatically in our promotional offer to get a chance to WIN a FREE “iPod Nano”.