Tax Extension Center continues its daily series dedicated to The Top 100 Reasons to File a Tax Extension. Our aim is to inform taxpayers that a tax extension can be a valuable tax season option because it saves time, stress, and even money.
Here’s reason #65: it’s fast – file a tax extension online in just 5 minutes.
What sounds better? Endless highly-stressful hours spent flailing around to get your taxes filed on time or 5 minutes to give yourself an extra 6 months to file?
No-brainer, right?
For all of the hardship and stress that filing a tax extension at the last minute can bear, filing a tax extension is refreshingly fast. In 5 minutes or less, you can e-file a tax extension directly to the IRS and have the security of an extended tax deadline.
Tax Extension Center continues its daily series dedicated to The Top 100 Reasons to File a Tax Extension. Our aim is to inform taxpayers that a tax extension can be a valuable tax season option because it saves time, stress, and even money.
Here’s reason #57: e-Filing a tax extension means you get a confirmation directly from the IRS.
Here’s why today’s reason is super-important: if you mail a tax extension to the IRS, you will never receive or hear anything in return. That means you won’t know these two very important things:
Tax Extension Center continues its series of The Top 100 Reasons to File a Tax Extension. This series is intended to show taxpayers that a tax extension is valuable because it saves individuals and/or their businesses time, stress, and even money.
Here’s reason #26: it’s good for the environment – when you e-File a tax extension, no paper or envelope are needed.
Green is the new black, right? Or is it pink? I forget.
Either way, recycling is here to stay. And if saving paper is important to you then filing a tax extension through e-file should be on your list of things to do this tax season.
Tax Extension Center continues its series of The Top 100 Reasons to File a Tax Extension. This series is intended to show taxpayers that a tax extension is valuable because it saves individuals and/or their businesses time, stress, and even money.
Here’s reason #6: more than two thirds of US taxpayers e-File their taxes these days, so why shouldn’t you e-File an extension and then e-File your taxes?
The super-talented FileLater Support Team let me know that they are back at work after a short Holiday break and that they’ve been getting a lot of questions in the last 72 hours like this:
When can I efile a tax extension for tax year 2009? Can I do it today?
First let me applaud all of you who are thinking so far ahead! Good for you. April 15 will be here before you know it.
Here’s the short answer: the earliest you can efile a tax extension is January 15.
In a recent press release the IRS stressed a couple of points they want taxpayers to heed:
“The IRS encourages taxpayers to choose direct deposit when they file their returns because it puts an end to lost, stolen or undeliverable checks. Taxpayers can receive refunds directly into personal checking or savings accounts. Direct deposit is available for filers of both paper and electronic returns.
The IRS also encourages taxpayers to file their tax returns electronically because e-file eliminates the risk of lost paper returns. E-file also reduces errors on tax returns and speeds up refunds.”
In the same statement, the IRS went on to add, “E-file coupled with direct deposit is your best option; it’s easy, fast and safe.”
I’m in complete agreement. e-Filing is a no-brainer for so many reasons. And as I mentioned in my last post, more and more people are e-Filing these days.
Remember, e-Filing isn’t just for your 1040. You can e-File a tax extension as well.
The IRS reported come interested numbers today about the recently completed 2008 tax season:
A record 95 million individuals e-filed their federal income tax returns during 2009, up almost 6 percent from last year’s total of nearly 90 million. About two out of three taxpayers e-filed this year; out of the 141 million returns filed so far this year, over 67 percent were e-filed, compared to 59 percent last year.
The IRS added that more taxpayers choose to e-file their tax returns each year. While the total number of tax returns has increased 10 percent during the past decade, the number filed electronically has increased by 168 percent. Taxpayers who e-file from a home computer continue to be an increasingly significant segment of those who e-file.
