Hands Accounting
Secure an IRS tax extension before the deadline!
As the April 15th tax season deadline quickly approaches, it’s imperative to be proactive and ensure that you have all the necessary documentation and paperwork to file your income tax return on time. But what if you’re not ready to file by the deadline? That’s where an IRS tax extension can be beneficial. When securing a tax deadline extension, you can defer the due date for filing your taxes and give yourself more time to complete it. In this blog, we’ll discuss how to request an IRS tax extension and the benefits of doing so.
What is an IRS tax extension?
An IRS tax extension is a request sent to the IRS to extend the due date for filing your taxes. This extension gives you more time to gather the necessary documents, complete them, and submit your taxes. It does not, however, extend the time to pay any taxes. Additionally, if you do not pay the taxes by the original due date – you will be subject to penalties and interest.
How to file for tax extension
The best way to get an IRS tax extension is to file Form 4868. This form is available online and can be submitted electronically or by mail. When you file IRS form 4868, you will need to provide personal information such as your name, address, social security number, and an estimate of your tax liability for the tax year. You will also need to include the payment for any taxes due. Additionally, you can specify a future date when the IRS should expect your income tax return instead of the usual April 15 deadline.
Accounting Services for Small Businesses in Hollywood Florida
Our Accounting firm promises to serve individuals, small, and midsize businesses, help them achieve their goals, and unlock financial capabilities. Accurate, efficient, and secure accounting practices ensure that your business operations will run more efficiently daily and are the foundation of every successful business.
Our goal is to provide trusted accounting services, business tax preparation, profit maximization, and free up small business owners’ time.
We provide our small business assistance to help improve operations and profitability. We take care of all the accounting needs because we want you to focus your energy on business initiatives and customers.
Our team has the experience and resources required to set up accounting information systems that can produce accurate reports, easy to understand, and contain the level of detail to make measurable business goals.
Our financial information complies with Generally Accepted Accounting Principles (GAAP) for use by banks, investors, and other third parties. Our tax professionals provide tax preparation strategies and assistance even when you need to call the IRS.
The Professional Accountants from our Hollywood accounting firm will provide trusted expertise to drive sustainable growth of your business finances.