Tax Filing 101: It's Never Too Early To Procrastinate
Author: Make My Life Less Taxing
For all you procrastinators out there, here's a nuts 'n bolts guide on how to legally postpone the filing of your Year 2002 income tax returns.
When it comes to putting things off, you can never plan too far ahead!
In many cases the IRS allows you to file a 'no-questions- asked' extension form. Which particular form you file depends on what type of entity your business happens to be.
CORPORATIONS: Whether you are a "C" Corporation or an "S" Corporation, you must file Form 7004 by March 15. Doing so grants you an automatic 6-month extension for filing Form 1120 ("C" Corp) or Form 1120S ("S" Corp). So now you have until September 15 to file your corporate income tax...
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