| Most people don't realize how simple it actually is to | | | | thing to know is that the failure to pay penalty is only |
| get an extension to file with the IRS. Why not extend | | | | .5% per month, while the failure to file penalty is up to |
| the deadline from April 15th 2009 to October 15th | | | | 5% of the amount owed per month. Filing for an |
| 2009? It really is fairly simple. Avoiding the April 15th | | | | extension will also allow you to get around that unfiled |
| rush is great. Most of the time CPA's and tax | | | | penalty until October 15th. |
| companies are completely slammed and don't have | | | | If you decide to extend your tax filing deadline, you |
| time to take detailed looks at their clients statements. | | | | must have your tax filing documents post marked and |
| When you file for an extension you will be able to | | | | sent by April 15th. To ensure minimal interest charges |
| meet with a tax professional in a much more relaxed | | | | tacked onto your tax amount, ensure you enclose a |
| setting. If you don't need a tax professional, it can allow | | | | check for your best estimate of your taxes owed. |
| you more time to get your tax documents in order | | | | You can also pay online through a credit card by using |
| under your own time. | | | | and officialpayments.com, for a fee of course. |
| To file for an extension with the IRS you will need to | | | | For this year's tax filing, it has become easier than |
| file IRS form 4868, which is the automatic extension | | | | ever to file for an extension. There are even |
| form. If you owe taxes, you will also need to get a | | | | companies out there that streamline this process for |
| good estimate of what you owe. The IRS will still tack | | | | individuals and businesses for a small fee. Take |
| on interest for unpaid taxes if they are not paid by the | | | | advantage of what is offered by the IRS to save you |
| 15th. Even if you owe taxes and cannot pay, one good | | | | stress and buy you more time. |