The best part? There is no fee to file an extension. If your original due date is April 15 (individuals and C Corps), your extended date is October 15. This means if your original due date is March 15 (the 2017 due date for Partnership and S Corporation 2016 returns), your extended date is September 15. Once filed, the extension gives businesses a full six months after their original tax due date to file their taxes for the year. The one scenario where time does not equal money In reality, the extension is a major blessing for businesses-especially small ones-who don’t have the time or resources to prepare and file taxes between the end of one year and the first quarter of the next. You might be thinking to yourself…īut this is far from a trap. Yes, we all know the IRS as being a cold, phlegmatic organization, which is why offering a six-month tax filing extension with no strings attached can seem too good to be true. However, when it comes to filing taxes, even the most notoriously fanatical disciplinarians, the Internal Revenue Service, realizes that excellence takes time. And while some editors will graciously give you an extension, most are sticklers for timely, well-written content. In fact, if you’ve ever written an essay back when you were in school, you might be familiar with the concept.

When you’re a writer, sometimes you have writer’s block.

2016 extension form 7004