Missed this year’s tax deadline? Don’t stress, you can still file for a tax extension. If you need more time to file, the IRS grants tax extensions. If you need tax extension help in Bradenton / Sarasota, Paramount Tax & BccountingBookkeeping has you covered. Please read below for detailed information on tax extensions:
How do I file a tax extension?
You can file for a tax extension by filling out the IRS Form 4868 online or printing it out and mailing it in.
How long is the tax extension?
If a tax extension is requested by the April 15 deadline, the IRS will grant taxpayers an additional 6 months of filing time. Tax extensions can be granted for any reason, as long as you file for an extension on or before April 15.
Is there a penalty for filing a tax extension?
While the IRS will extend your filing deadline to October 15 if you file for an extension, you still have to pay by the April 15 deadline. A tax extension only extends your filing time, not your payment time. If you are able to pay at least 90% of your taxes by the time you request an extension to file, then you will not face penalties. If you do not pay by the April 15 deadline, you may face a failure to pay penalty. This penalty is 0.5% of your owed amount and it starts accruing monthly the day after the deadline, with a maximum fine of 25%.
Paramount Tax and AccountingBookkeeping has accountingbookkeeping firms in Bradenton / Sarasota that can assist you in filing for a tax extension. Don’t take any chances with late payment as the penalties can be severe. Our tax experts can help you estimate the amount you owe so you can pay on time even if you need a filing extension. By requesting an extension and working with our tax experts, Paramount Tax and AccountingBookkeeping can help you with:
Filing accurately
Claiming all tax savings
Avoiding failure to file penalties
Stress free filing
Paramount has you covered for tax extension help in Bradenton / Sarasota. Take a moment to fill out our Free Consultation form and contact us today to learn more about our accountingbookkeeping services in Bradenton / Sarasota. Tax season can be stressful, especially when you are crunched for time. With Paramount Tax and AccountingBookkeeping, you can file stress free.
I consulted with Phil, at Paramount Tax, and decided to use his services. I couldn’t be happier. Great advice, clear communication, and excellent service. Everything was very efficient and he made the process convenient even with my commute. I would highly recommend.
Mark Cobb
Great to do business with. Always available to discuss any issue we have.
Alyson
We couldn’t be happier with Adam at Paramount Tax & Accounting!!! He is the absolute best!! He has so much wisdom and is very organized!!
Thank you for the best service, Paramount Tax & Accounting!!
Shannon Concierge Health Insurance
Phil has saved my taxes. I was looking at a large bill for a few years after being lied to by another firm. Phil is patient and understanding. His knowledge of the tax laws is superb. I will use his services for many years to come.
Alex Gutowski
Phil is great!
Today he helped me amend my LLC because I'm a dummy when it comes to sunbiz stuff. Anyway thanks Phil
Edward Fordyce
Adam and his team welcomed me with open arms. They handled my personal and business returns and did an outstanding job!! Highly recommend!!
Hugh Roberts
Phil is a rock star. I’d recommend him for taxes or any accounting related item. I’ve used him for years. He’s Phil Nye The Tax Guy. How do you not like a guy who rhymes his name with the profession?!
Rick R
Phil is great! He always comes through for us each and every year!!!
Robert Knudson
I found my Mom and Pop tax professionals.
Great staff and I love their results
John Quesnell
Phil is a great guy and continues to help me out with my taxes throughout the last few years and let's me know the best possible ways to handle them and will be having him help me out this year
thanks
Josie Leavitt
I hired Phil for doing my business and personal taxes for 2024, as I moved to the area and wanted someone that I could work with who was close by. He did a great job, he is responsive and knowledgeable and very glad to have him as our Tax Accountant and look forward to working with him for many years to come.
Melissa Lilly
Phil/Paramount Tax & Accounting is our go to tax accountant for Orange Blossom Coffee. He is responsive, shows great attention to detail and is available for questions whenever we call or email. He has been a great addition to our downtown community.
10 stars
Charles Armour
Working with Phil was a very pleasant experience, and I was more than pleased with his tax services!
William O'Brien
We had an appointment with Adam to prepare our tax return. He is very professional and takes time to know you. He went over the return and explained it page by page. If you chose him for tax preparation you will realize why he is so highly rated!
Omar O. S. Schwanzer
Adam Wilhelm is a highly qualified and fun, yes fun tax expert. I highly recommend him.
I am a huge fan of him, he is the best in what he does, great quality service.
Nicole Schwanzer
Best experience ever! Adam is amazing and is so personal. Highly recommend his services!
Trip
I FINALLY found an awesome tax place. Adam is fantastic!! I have my own LLC and Adam literally saved me thousands because I had no idea what I was legally entitled to. In past years I tried a few other tax places in Bradenton and they were totally worthless compared to Adam. The other great thing and peace of mind about Adam is that he is more than happy to take my calls and give me excellent, strategic advice whenever I have a tax question regarding my business.
Caryn Hitt
Very helpful and efficient. Thank you.
Guadalupe Tellez
I'm so grateful coming with them Adam hi is excellent hi explained good nice person thanks all advices
Jason Reid
I went from worrying about my tax returns and paying way too much, to making the tax process easy and seamless and I saved a ton of money. Highly recommend Phil Nye the Tax Guy at Paramount Tax & Accounting.
Don’t Leave Money Behind
Maximize your deductions and reduce your liabilities. Schedule with Paramount Tax & Accounting in Bradenton / Sarasota today
Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting in Bradenton Metro, is that we know taxes!
Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 Filing Late Taxes firm in Bradenton / Sarasota. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting in Bradenton Metro!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics.
Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting in Bradenton Metro a call or visit our
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Why Choose Paramount Tax & Accounting in Bradenton Metro?
Through dedication to the three underlying principles of professionalism, responsivenessandquality, Paramount is committed to providing outstanding service to our clients.
Paramount Tax is now offering financial and tax franchises across the US!
In the unlikely event you receive a tax notice, we have an entire audit defense department ready and available to help. We partner with Protection Plus $1 Million Tax Audit Defense so that we can work towards a favorable resolution in every situation our clients might face.
