This is the latest post in Tax Extension Center’s daily series of The Top 100 Reasons to File a Tax Extension. Our goal is to educate taxpayers that filing a tax extension can be a valuable tax season option for you or your business because it saves time, stress, and even money.
Here’s reason #81: a tax extension can be e-Filed directly to the IRS.
The coolest part about e-File is that your tax form (in this case either an individual tax extension or a business tax extensions) gets sent right to the IRS. There’s no Postal Service involved, no intermediary whatsoever. You send it, the IRS receives it.
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 #20: e-File is free!
In case you still do things the old fashion way (paper and snail mail), e-file is the IRS’ program that allows taxpayers to file tax forms like income tax extensions Form 4868 and Form 7004 electronically (or paper free) directly to the IRS.
The best part of e-file is that it’s free!
The follow-up question that a lot of people ask me goes something like this, “If e-file is free, why do tax preparers and tax websites charge for filing my forms?”.