For Immediate Release
March 2, 2009
San Diego, CA – For the first time corporations have an online alternative for obtaining a tax extension. With a looming March 16 corporate tax deadline, many corporations are exploring their options and looking for ways to gain the extra time they need to get tax matters in order. FileLater, an authorized IRS E-File provider and the leader in online tax extensions, is now the first and only website to provide an online solution for small business owners filing IRS tax extension form IRS-7004. And on Monday, March 9, FileLater will be hosting a free business extension day, providing all businesses one day to file their tax extensions online at no charge.
Each year, five million businesses file tax extensions, extending their deadline to September 15. The extra time allows businesses to ensure that paperwork is completed correctly and that all possible deductions are found. Filing online makes this process quick and easy, and is the only way to receive a confirmation when the extension has been approved by the IRS. This confirmation will prevent business owners from having to pay substantial late fees if their extension is completed incorrectly and therefore rejected by the IRS or gets lost in the mail.
This tax season includes many new tax laws and tax deductions, making taxes more complicated than ever. Extending online with FileLater offers businesses up to six additional months to carefully review their taxes and benefit from every available opportunity. FileLater is also a solution for any business owner that procrastinates and doesn’t want to pay last-minute CPA filing fees. They aren’t required to provide a reason and will be approved as long as paperwork is filled out correctly.
Business tax extensions are priced at $39.95. On March 9, businesses can use the coupon code freebiz to receive a free business tax extension. For more information on FileLater, please visit www.FileLater.com .
FileLater is a safe, easy and convenient online service for individuals and businesses to file tax extensions. An IRS tax extension gives individuals up to six more months to file a tax return, extending the deadline from April 15 to October 15, and extends the business deadline to September 15. FileLater allows individuals and businesses to extend deadlines for federal taxes, and, as laws vary from state to state, provides instructions and relevant forms to extend state tax deadlines for all states. Tax extensions do not extend the time for individuals or business to make a payment, only to file the necessary paperwork, however taxpayers can use FileLater to submit payment to the IRS directly from their bank account. The company was developed so people without tax expertise can extend their tax deadlines without involving a professional tax preparer and to provide a better solution for people who already file their own tax extensions.