How to Electronically Complete Your
2008 Tax Return Automatic Extension Request
The IRS is urging taxpayers who need additional time to complete tax returns to request an automatic extension by April 15. ( IR 2009-36 ) This year, anyone can e-file an extension at no cost from a home computer using IRS's Free File or FreeFile Fillable Forms. The extension gives taxpayers until October 15 to file the tax return. However, an extension does not give the taxpayer an extension of time to pay. Those who owe taxes can make a payment when filing the extension either by mailing a check or by several electronic payment methods, such as electronic funds withdrawals from bank accounts and credit card payments. IRS's Free File can be accessed at http://www.irs.gov/efile/article/0,,id=118986,00.html and FreeFile Fillable Forms at http://www.irs.gov/efile/article/0,,id=201897,00.html.
About the Writer
Desmond G. Sheridan is a partner in the Greensboro law firm of Isaacson Isaacson Sheridan & Fountain, LLP and is a certified public accountant. His practice areas are business transactions, tax, corporations, limited liability companies, commercial real estate and estate planning. Sheridan has served on the Board of Directors of the North Carolina Association of Certified Public Accountants and has been recognized as a North Carolina "Super Lawyer" and a member of the "Legal Elite" by Business North Carolina. He has given numerous continuing education presentations to CPAs and attorneys.
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