Automatic Tax-Filing Extension Is Good News For Procrastinators
If you need more time to file your 2005 tax return, you are in luck. Most taxpayers can get an automatic six-month tax return filing extension under revised rules issued by the Internal Revenue Service, reports the Michigan Association of CPAs. The new streamlined rules replace a more cumbersome two-step process. In the past, taxpayers could get an automatic four-month extension by filing one IRS form, and then request an additional two-month extension if they needed more time. The second extension was not automatic....-MORE-
Form 4868 http://www.irs.gov/pub/irs-pdf/f4868.pdf
If you need more time to file your 2005 tax return, you are in luck. Most taxpayers can get an automatic six-month tax return filing extension under revised rules issued by the Internal Revenue Service, reports the Michigan Association of CPAs. The new streamlined rules replace a more cumbersome two-step process. In the past, taxpayers could get an automatic four-month extension by filing one IRS form, and then request an additional two-month extension if they needed more time. The second extension was not automatic....-MORE-
Form 4868 http://www.irs.gov/pub/irs-pdf/f4868.pdf
posted by Milt Baker CPA | 11:09 AM
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