Getting the business tax extension takes only a few steps, and we’re more than happy to help and guide businesses through the process.
Las Vegas, Nevada (PRWEB) March 13, 2015
The March 16 business tax extension is just a few days away, but thanks to FileLater.com, a company that specializes in helping businesses get the tax extension they need, receiving an extension is now faster, quicker, and easier than ever.
“Getting the business tax extension takes only a few steps, and we’re more than happy to help and guide businesses through the process,” said Elizabeth Rosen, head of content for FileLater questioned. “With a tax extension, you can take your time and ensure that your tax return is accurate and that you've taken advantage of every tax benefit you're entitled to.”
The company spokesperson went on to point out that many business owners file for tax extensions every year as a matter of course, just to ensure they have the time they need.
FileLater, the company spokesperson noted, provides a secure online solution for businesses seeking an IRS tax extension.
“In under 10 minutes, you can e-file an extension request to the IRS,” Rosen stressed.
This year’s deadlines are March 16 for calendar year corporations. That includes C- and S- corporations. The deadline to file is April 15 for most sole proprietorships, single-member LLCs, and partnerships.
If a business fails to file its return on time and doesn’t request a tax extension, the penalties can be hefty. According to the IRS website, “If you file late and owe federal taxes, two penalties may apply. The first is a failure-to-file penalty for late filing. The second is a failure-to-pay penalty for paying late. The failure-to-file penalty is normally 5 percent of the unpaid taxes for each month or part of a month that a tax return is late. The failure-to-pay penalty is generally 0.5 percent per month of your unpaid taxes.”
The company FileLater, which has BBB Accreditation A-Plus rating, according to Rosen, offers fast, easy, and secure services with an over 97 percent approval rate.
FileLater is proud to be the first company on the Internet to offer both personal tax extensions and business tax extensions through IRS e-file. As taxpaying Americans, the founders of FileLater had struggled for years to meet the dreaded April 15 deadline for personal income taxes as well as the March 15 deadline for most business income taxes…and finally decided to do something about it.
FileLater was developed so people without tax expertise can extend their tax deadlines without involving a professional tax preparer.