In the case of a C corporation, for example, this will cost up to $435 once the return is more than 60 days late. Submission of Form 7004 doesn't also give you more time to pay corporate income taxes.

Marni Rose McFall is a Newsweek reporter based in London, U.K. Her focus is on internet trends, U.S. politics and popular culture. She has covered fashion, culture, art and music extensively.

While the IRS doesn't allow any extension for making tax payments, businesses can extend their filing deadline automatically by filing Form 7004. Simplified Filing with ExpressExtension Requesting ...

Form 7004 is used by businesses, trusts, and other entities to extend their tax filing deadline. S-Corporations filing Form 1120-S and Partnerships filing Form 1065 must submit their returns by ...

March 17, 2025, is a key tax deadline for businesses, but they can request an extension of time using Form 7004 through ExpressExtension, a secure and easy e-filing service. ROCK HILL, SC / ACCESS ...