There are only two certainties in life, Death and Taxes. Our lives rotate around taxes, and we should ensure that we file our tax return on time. With April, the financial year has dropped in and so the income tax return due date.
As the date of filing your income tax is due by April 15th 2014, providing you with only 5 days in hand, gear up with your income tax papers for easy filing through your preferred filing method. However, filers who are filing income tax through Form 1040, Tax Form 1040A, Tax Form 1040EZ, Tax Form 1040NR, Tax Form 1040NR-EZ, Tax Form 1040-PR/ Tax Form 1040-SS are applicable for an extension through form 4868 and gain 6 months extended time to get the papers ready. The Application for Automatic Extension of Time to File U.S. Individual Income Tax Return provides you extra time to get your paper work ready and the due payment should be done on or before the due date while filing an extension. If the payment is not done by the due date, penalties are chargeable.
Filers who are residing outside States yet a U.S. citizen or resident or outside U.S on the regular due date of the return, gain 2 months automatic extension to file tax return without requesting for one, paying the any amount due. With this extension, eventually the due date would fall on June 16th, Monday.
When we talk about the methods of filing, the first and the traditional method was followed those days to file taxes was paper filing. In this method, the filers print the form, fill it manually, calculate the taxes themselves, and wait in long queues to submit their forms. The process is tedious and waiting period was too long.
Soon in early 2000, IRS introduced Efiling as the new method to file and pay tax return. Technology was moving on its paced, and IRS was catching up with its speed. Efiling was a newer version of filing taxes, easy, simple and less time consuming. The due date is fixed and filing can be done online anytime, from anywhere. IRS would acknowledge the filing in minutes whereas in paper filing it would take time.
If you are efiling form 4868 through authentic service provider, you can check and make a note of the taxes you are paying for and a uniform breakdown for your understanding is available. The application is framed with user centric features, adding ease while filing. It is customized into simple, easy, understandable screens for faster filing and saves your time. However, most of the service providers do not let you struggle hard with tax calculations, as they have an inbuilt calculator to estimate your tax due and provide you the estimate in no time.
Another advantage you receive for filing your tax online is that, there is no room for errors. The error check option notifies you if there are any errors found and provides you time to make amends before the return is transmitted to IRS.
With only 1 days in hand, income tax filers come over and file an extension if you are not ready with your papers. It is better to file an extension much before the due date, providing you with time to make the changes and re file your extension if IRS rejects form 4868. It also avoids hassled filing, usually landing up with errors. So come over and file with an authentic service provider for easy and faster filing.
As the date of filing your income tax is due by April 15th 2014, providing you with only 5 days in hand, gear up with your income tax papers for easy filing through your preferred filing method. However, filers who are filing income tax through Form 1040, Tax Form 1040A, Tax Form 1040EZ, Tax Form 1040NR, Tax Form 1040NR-EZ, Tax Form 1040-PR/ Tax Form 1040-SS are applicable for an extension through form 4868 and gain 6 months extended time to get the papers ready. The Application for Automatic Extension of Time to File U.S. Individual Income Tax Return provides you extra time to get your paper work ready and the due payment should be done on or before the due date while filing an extension. If the payment is not done by the due date, penalties are chargeable.
Filers who are residing outside States yet a U.S. citizen or resident or outside U.S on the regular due date of the return, gain 2 months automatic extension to file tax return without requesting for one, paying the any amount due. With this extension, eventually the due date would fall on June 16th, Monday.
When we talk about the methods of filing, the first and the traditional method was followed those days to file taxes was paper filing. In this method, the filers print the form, fill it manually, calculate the taxes themselves, and wait in long queues to submit their forms. The process is tedious and waiting period was too long.
Soon in early 2000, IRS introduced Efiling as the new method to file and pay tax return. Technology was moving on its paced, and IRS was catching up with its speed. Efiling was a newer version of filing taxes, easy, simple and less time consuming. The due date is fixed and filing can be done online anytime, from anywhere. IRS would acknowledge the filing in minutes whereas in paper filing it would take time.
If you are efiling form 4868 through authentic service provider, you can check and make a note of the taxes you are paying for and a uniform breakdown for your understanding is available. The application is framed with user centric features, adding ease while filing. It is customized into simple, easy, understandable screens for faster filing and saves your time. However, most of the service providers do not let you struggle hard with tax calculations, as they have an inbuilt calculator to estimate your tax due and provide you the estimate in no time.
Another advantage you receive for filing your tax online is that, there is no room for errors. The error check option notifies you if there are any errors found and provides you time to make amends before the return is transmitted to IRS.
With only 1 days in hand, income tax filers come over and file an extension if you are not ready with your papers. It is better to file an extension much before the due date, providing you with time to make the changes and re file your extension if IRS rejects form 4868. It also avoids hassled filing, usually landing up with errors. So come over and file with an authentic service provider for easy and faster filing.