FileLater: File a tax extension in minutes

This is a website that anyone who faces the annual nightmare of a tax return should have locked firmly in their favorites. They should also set an alert reminding them to log in before April 18th and save themselves some money.

As an IRS authorized e-file provider, FileLater can take you through the steps required to file an extension request if you’re about to miss the deadline. By electronically filing form 4868 you can get a 6 month extension to 15th October for forms 1040, 1040A or 1040EZ without the IRS even asking for an explanation.

You don’t need to very much information either to complete the online form just the usual personal data and social security number will suffice. You will need to enter an estimate of what you might owe or if you think you’re due a refund and FileLater has a calculator function to help you come to a figure.

Once the form is completed FileLater simply forward it to the IRS and wait a couple of days for approval. According to the site over 98% of extension requests made through it are approved with any declined usually down to simple human error like typo’s. These can be re-submitted free of charge. Email confirmation of your extension is all the proof you need to stop sweating.

The system works for businesses as well and a 5-6 month extension can be obtained by using FileLater to file form 7004. In both situations where money is likely to be owed the site can also help. For businesses or individuals keen to make a payment and avoid penalties FileLater can take the money from bank accounts using EFT and pay the IRS directly.

So if you are struggling to get that return in on time remember to apply for an extension. The cost is $29.95 for a personal one with businesses paying $10 more. Either way it’s going to be cheaper than paying late filing penalties.

Conclusion
A useful site to have on hand when that tax return deadline suddenly becomes a reality.