ETAX7004BLOG

Everything You Need to Know About Form 7004 Extension

The IRS form 7004 is called Application for Automatic Extension of Time to File Certain Business Income tax Information and Other Returns. The name itself suggests that this form can be used by business entities who have this desire or the requirement of filing a legitimate 5 to 6 months of Federal tax extension. Some of the most important things that one needs to know in regards to this form have been explained below. Purpose Once you...

IRS Streamlines Extension of Time to File for Corporate Business Taxpayers

IRS extension forms which give an automatic extension of time upto 6 months are helpful to tax payers in most cases allowing them a time to complete as updated and correct tax information on the lines of the forms appropriately as required. One such extension form is IRS 7004. This form can be filed to extend the time for filing tax returns of IRS forms 1120-C for Corporations and 1120-S for small corporations. So that corporate tax...