E-File Extensions

[samingeorgia]

In early March, I mailed in some 7004's on paper, then, after receiving the info from the clients, e-filed the returns before April 15 (S Corps). Now, I'm getting penalty notices for late filing! Of course, I'm writing letters and attaching copies of the 7004, but this is a big hassle.

I just efiled two extensions for a couple of tax exempt orgs. IRS has been a real pain on recognizing extensions paper filed for these organizations for last year and in 2004 (!!!!!), so I'm figuring that if I can get these extensions accepted by Monday I can print out the confirmation from the efile center if/when IRS decides to demand money from these folks.

Anybody else having issues with paper filed extensions?

[JohnH]

As long as you have certified mail documentation for paper filed extensions, you're OK. Without that documentation, you may have a problem. Thanks to the new penalty situation, I mail all S-corp extensions and any C-corps expected to report a profit via Certified Mail with Return Receipt.

[mcb39]

I never mail anything to the IRS or State without at least a tracking number for proof of receipt. Advise my clients to do the same. It only takes a minute to go online to find out when it was received and who signed for it.

[Jack from Ohio]

We e-file ALL extensions and have never had an extension not be processed. This year 400+ Last year 350+ Corporate and personal.

[Catherine]

We e-file ALL extensions and have never had an extension not be processed. This year 400+ Last year 350+ Corporate and personal.

Be warned that Massachusetts bounces extensions all the time. First-time residents or folks whose name and/or marital status has changed won't match their pre-existing list and they'll bounce them.

This stupid state is really annoying in many ways.