Extension Form

Because we have so many clients who require extension forms, we decided to dedicate a separate page for this topic.

Our policy has been to mail out federal extension Forms 4868 to all clients for whom we prepared last year’s current year tax return, but from whom we have not received this year’s current year income tax data by around April 1st of this year. Beginning this year, we are mailing reminder postcards, instead, with instructions to get their Form 4868 and instructions at this page of our website. CLIENTS FROM LAST YEAR (2017; TAX YEAR 2016), WE MAILED THOSE POSTCARDS TO YOU ON 4/04/18.

If you are either a new or a returning client and you are wondering if we can still prepare your income tax return by the April 17th deadline, you should have seen in our Policy Statement that you needed to have submitted your income tax data to us by March 1st in order to meet this year’s April 17th deadline. This year due to the pace at which returns were flowing in and I was completing them, that projected deadline got moved to March 16th. However, you can always file (by the filing deadline) for a six-month extension using Form 4868 and then we can prepare your tax return when we have completed all the ones in line ahead of you. As an incentive, if you submit your tax data to us by approximately April 13th, we will input that data into our computer and generate the Form 4868 for you. If our preliminary (that means not final, and certainly not guaranteed) results show you are due a refund, then we will mail your extension form for you, since a signature is not required. However, if our preliminary results show you owe money, we will call you to get an email address or a fax number to where we can email or fax you the Form 4868 so you can mail it in with a check in order to avoid some penalty and interest. Also, if you live in a state that has a state income tax, be forewarned that you need to know what your state’s (extension) filing requirements and deadline are and satisfy them on your own.

If you believe you will not be able to submit your income tax data to our office by April 13th, then you can simply print off our Form 4868 instructions and go to http://www.irs.gov/pub/irs-pdf/f4868.pdf to download Form 4868. Be sure to print off all pages of Form 4868, but especially pages 1 and 4. Then follow the instructions to complete the form yourself and mail it to the correct IRS address for your state shown on page 4 of Form 4868. Be sure to notice that one column of addresses is for taxpayers who ARE making a payment with their Form 4868 and the other column of addresses is for taxpayers who do not owe additional tax and ARE NOT making a payment. This extends your federal filing deadline until October 16th. However, you are responsible for knowing and satisfying your state’s tax filing deadline requirements.  BE AWARE THAT IF YOU DID NOT SUBMIT YOUR TAX DATA TO US BY APRIL 13TH, WE CANNOT PREPARE YOUR EXTENSION FORM FOR YOU, BECAUSE 1) WE DON’T HAVE YOUR TAX DATA AND 2) WE ARE FOCUSED ON ASSISTING THE APPROXIMATELY 125 CLIENTS WHO HAVE SUBMITTED THEIR TAX DATA TO US.

As another option, you may go to the IRS’s website for information on how to file your extension through them, as well as watch videos on how to pay your tax http://www.irsvideos.gov/PaymentAlternatives/player/frame-flv.htm. Finally, our tax software provider has a convenient link to pay your tax through a variety of methods. For your convenience, click on this link http://www.1040paytax.com/.

AS ALWAYS, THANK YOU FOR ALLOWING US TO HELP YOU AND YOUR FRIENDS “PAY YOURSELF, NOT THE IRS!”