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avatar Jonny 1 week ago
How does a business tax extension work?
How does a business tax extension work? A tax extension can give an eligible business additional time to file its return, but it generally does not automatically extend the time to pay taxes owed. How does your business handle tax extensions? What steps do you take to make sure filing and payment de...
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  • D

    A business tax extension gives you additional time to file your tax return, but it usually does not extend the deadline for paying taxes owed. You generally need to submit an extension request by the original filing deadline, and any estimated tax due should be paid on time to avoid interest or penalties.

  • A

    A business tax extension gives additional time to file the return, not to pay taxes owed. Businesses must estimate and pay by the original deadline to reduce penalties and interest.

     

     

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