Tax Extensions

Still need to file your tax return? If you filed for a tax extension, there’s good news. You still can.

Sometimes, no matter how hard you try, you just can’t get everything done by the tax deadline. You can always ask for more time to file your taxes… but, don’t wait until the tax extension deadline to get them in.

Tax extensions have become a bit more popular, especially over the last few years. And if you filed a request (tax extension Form 4868) by the tax deadline… you’ve got 6 months to file your return.

Ready to get started and get your return filed before the tax extension deadline? Our expert team can get your filing in order, checked for accuracy, and help you deal with any potential penalties or situations arising from filing an extended return.

Something you need to consider when filing an extension

An extension to file does NOT mean an extension of time to pay. If you’re due a refund, then you can be on your merry way, but if you owe, then taxes must be paid by the normal tax deadline. Otherwise, you can be charged penalties (to the tune of 5% to 25%) plus interest on those penalties.

Myths about tax extensions…

  • Extensions do not automatically flag you for audit.
  • They do not affect any refund you legitimately have coming.
  • They do not give you more time to fatten up your individual retirement account (unless it’s the self-employed kind).
  • They do not give you extra time to pay taxes that you owe.
  • They’re not hard to get.

Special situations for an extended time to file (and sometimes pay)…

  • Taxpayers serving in combat zones (or combat adjacent)
  • US citizens and resident aliens living abroad for business or military purposes
  • Those living in or providing relief to federal disaster areas
  • If you have questions about any of these special situations (or any other tax extension topic) or need help getting started, we’re here for you.

Let Us Help:

What is a Federal Tax Lien

What is a Federal Tax Lien The Federal Tax Lien is the legal claim against a taxpayer’s property, and it arises when they fail to pay a tax debt. It attaches to everything they own – their home, car, bank account(s), and even future assets. There are two (2) types of...

How to Settle Your IRS Tax Debt for Less

Answer:  This is what is referred to as a monthly Installment Agreement Payment Plan for your tax debt. The IRS has several debt settlement options but it’s important to act before they garnish your paycheck and/or levy your bank account.  There are several types of...

Small Business Tax Problems: Avoiding IRS Trouble Before It Starts

Running a small business is challenging enough — managing clients, payroll, and day-to-day operations often takes priority. But one area that can’t be ignored is tax compliance. Even minor bookkeeping mistakes can lead to major IRS headaches down the road. At AAA Tax...

The Ultimate Guide to Filing Years of Unfiled Taxes

If you’re a small business owner who’s fallen behind on filing tax returns, you’re not alone. Life gets busy, cash flow tight. A practical Unfiled taxes remedy can help. You can take steps to catch up and stay compliant. Good news: it is absolutely possible to get...

The Secret Cost of Ignoring IRS Notices

Opening your mailbox, you see that familiar logo—the IRS. Moreover, your stomach drops. You set the envelope aside for later. We’ve all done it. However, when it comes to notices from the IRS, waiting only makes things worse. This illustrates Cost of Ignoring IRS. At...

Can Penalties and Interest Be Removed? Understanding IRS Penalty Abatement

Few things frustrate taxpayers more than seeing their balance grow because of penalties and interest. You might owe only a few thousand dollars originally, but months or years later, it’s ballooned into something much bigger. The good news? There’s a solution...

Audit Anxiety? What to Expect During an IRS Tax Audit

Getting a letter from the IRS can make anyone’s heart skip a beat — especially if it says “Notice of Audit.” But before you panic, take a deep breath. An IRS audit doesn’t automatically mean you’ve done something wrong, and with the right preparation and guidance,...

Understanding the IRS Offer in Compromise: Can You Settle for Less?

Owing the IRS can feel overwhelming — especially when interest and penalties start piling up. The good news is, the IRS offers a little-known program that could help you settle your tax debt for less than the full amount: it’s called the Offer in Compromise (OIC). At...

IRS Wage Garnishment: How to Stop It and Protect Your Income

Few things cause as much stress as opening your paycheck and realizing the IRS has taken a big chunk of it. If you’re facing a wage garnishment, you’re not alone — and it doesn’t mean you’re out of options. At AAA Tax Resolution, we’ve helped Utah residents stop IRS...

What to Do If You Haven’t Filed Taxes in Years

If it’s been a few years since you last filed your taxes, you’re not alone — and it’s not too late to fix it. Many people fall behind for reasons like job changes, family issues, or simply feeling overwhelmed. But once a few tax seasons pass, the idea of catching up...

Ready to schedule an appointment?

Click here to schedule a time to meet with us. 

Contact Us

bookkeeping services