This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
A $50 penalty is assessed on taxpayers on each required franchise tax report filed after the report due date. This penalty is assessed regardless of whether any taxes or fees are due for the late-filed report period. This late-filing penalty is in addition to any other penalties assessed for the reporting period.
You can file an extension for your taxes this tax year by submitting IRS Form 4868 with the Internal Revenue Service (IRS) online or by mail. This must be done before the last day for filing taxes.
The due dates for filing Income Tax Returns (ITR) for AY 2024-25 are extended as follows: for individuals and non-audit cases, from July 31, 2024, to October 31, 2024; for audit cases, from October 31, 2024, to November 15, 2024. The deadline for belated and revised returns is now January 15, 2025.
Individuals can complete IRS Form 4868 for a six-month extension. Most businesses can complete IRS Form 7004 for a six-month extension.
You can get an automatic extension of time to file your tax return by filing Form 4868 electronically. You'll receive an electronic acknowledgment once you complete the transaction.
File Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. You can file by mail, online with an IRS e-filing partner or through a tax professional.
In addition, some Forms 1040, 1040-A, 1040-EZ, and 1041 cannot be e-filed if they have attached forms, schedules, or documents that IRS does not accept electronically.
March 17: S-corporations and partnerships must file their 2024 business tax return by this date. April 15: This is the deadline for corporations to file their 2024 return. September 15: This is the last day for S-corporations and partnerships to file their business return with an extension.
The IRS allows 2023 federal tax returns to be e-filed until early November 2026. To e-file a prior year tax return the IRS requires an Identity Protection PIN. The IRS shuts down e-filing for maintenance each year from late November to early January. Prior year returns for years before 2022 must be mailed.
The Central Board of Direct Taxes (CBDT) has extended the deadline for resident individuals to file their belated or revised Income Tax Returns (ITR) for the Assessment Year (AY) 2024-25. The original deadline of December 31, 2024, has now been pushed to January 15, 2025.