Tax deadlines can sneak up fast, but filing an extension gives individuals and businesses extra time to submit their returns—while ensuring estimated taxes are paid on time to avoid penalties.
Whether you’re waiting on documents or need more time to prepare your return, we ensure your extension is submitted properly using Form 4868 (for individuals) or Form 7004 (for businesses).
Who Needs a Tax Extension?
You should file for an extension if:
• You need more time to gather financial records.
• You are waiting on tax documents (W-2s, 1099s, K-1s).
• Your business requires additional calculations for deductions or credits.
• You want to avoid late-filing penalties while ensuring compliance.
Paying Estimated Taxes to Avoid Penalties
Filing an extension does not delay tax payments. To avoid penalties:
• Estimate your tax liability based on prior-year income
• Estimate your tax liability based on prior-year income
• Use IRS Direct Pay, EFTPS, or credit/debit card payments for federal taxes.
• Businesses can schedule quarterly estimated payments using Form 1040-ES or Form 1120-W
State Tax Extension Filings
Need More Time? We’ve Got You Covered.
Let Cey Tax & Accounting Services Inc. file your tax extension quickly and accurately—so you can take the time you need, without the penalties.