Article: How To Get An Extension To File Your Business Tax Returns
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How To Get An Extension To File Your Business Tax Returns
Yes, the tax season is upon with the first filing date for
some businesses being March 15, 2005. If you can?t imagine
getting your tax returns together by that date, you need not
worry. The IRS automatically gives you an extension if your
file the appropriate form. As you might expect, there are
different forms for different businesses.
An Important Note
It is vitally important that you understand that an
extension to file taxes is not an extension to PAY taxes.
The IRS will give you a break on the filing date, but it
wants the money now! If you anticipate that you will owe
taxes, you need to send in the appropriate payment. Failure
to do so could result in interest charges when you
eventually get around to filing your returns....
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