Extension of Time for Filing

(redirected from Extension Filing)

Extension of Time for Filing

In taxes, the process by which one receives permission to file one's return at a later date. For example, in the United States, the deadline to file tax returns is April 15. If a taxpayer is unable to make this deadline, he/she may ask the IRS for an extension until October 15. In this case, October 15 is called the extension date.
References in periodicals archive ?
6161, underpayment or nonpayment penalties and interest continue from the April 17, 2012, extension filing date through the date of payment, uninterrupted by the disaster, because the payment due date preceded the postponement period.
If uncertainty over return and extension filing dates does not lead the CPA.
In its extension filing with the SEC, the Company explained that the Form 10-Q filing was delayed because the Company was still completing procedures necessary for closing the quarter, including finalizing its analyses of inventory valuation, long-lived assets impairment and deferred income tax assets valuation.
The IRS is clear regarding rules for extension filing, so to avoid penalties, interest, and other headaches, taxpayers may want some professional advice.
AMEX:PST) announced that it did not file its September 30, 2006 Form 10-Q within the five day extension filing period due to recent events and the engagement of new independent auditors.
AMEX:PST) announced today that it will not be filing its September 30, 2006 Form 10-Q within the five-day extension filing period due to recent events and the engagement of new independent auditors.
The Company also reported in its SEC extension filing that it expects to report a net loss of approximately $4.
We also expect the annual revenue and annual profit in the audited financials to be consistent with our previously announced forecasts as the extension filing includes the 2004 estimated revenue and profit.
The IRS expects extension filing to increase by 10 percent this year to approximately 10 million extensions filed.
In the extension filing, the company said that it expects that its revenues, net loss and net loss per share for the quarter ended March 31, 2001 will approximate $60 million, $57 million, and $0.
The April 1 launch is well-timed to meet the tax planning needs, last minute tax crunch and, if necessary, extension filing requirements of our rapidly growing user base.
H&R Block Helps Taxpayers Through Extension Filings and Returns, Year Round