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 Harrisburg / Hershey, Paramount Tax & Bccounting 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 Accounting has accounting firms in Harrisburg / Hershey 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 Accounting can help you with:
Paramount has you covered for tax extension help in Harrisburg / Hershey. Take a moment to fill out our Free Consultation form and contact us today to learn more about our accounting services in Harrisburg / Hershey. Tax season can be stressful, especially when you are crunched for time. With Paramount Tax and Accounting , you can file stress free.
We review 3 years back to find errors / missed deductions.
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 accounting firm, such as Paramount Tax & Accounting Harrisburg, is that our firm utilizes the services of licensed professionals.
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 firm in Harrisburg / Hershey. So when you ask yourself, "Where can I find accounting services near me?"... think no further than Paramount Tax & Accounting Harrisburg!
Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accounting firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accounting 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 Harrisburg a call or visit our tax and accounting firm in Harrisburg / Hershey for a free consultation.