Scott Allen E.A. for Extension of Time to Pay Phoenix AZ IRS Taxes.
Phoenix AZ IRS Taxes
IRS form 4868 extends the time to file your return. IRS form 1127 extends the time to pay your taxes. The IRS will automatically approve an extension of time to file your return. However, you must prove that you would suffer an “undue hardship,” to get approval for additional time to pay Phoenix AZ IRS taxes.
IRS form 1127 in most instances requires Phoenix AZ professional tax assistance. Scott Allen E.A. has the expertise to put together a package that gives you the best chance of getting your request approved. One must way the cost of filing form 1127 with the interest cost of paying late.
When considering both forms, remember that the IRS penalties are 5% per month initially for failing to file on time and 1/2% per month for failing to pay on time. For that reason, filing IRS form 4868 is much more critical than filing IRS form 1127. Call Scott Allen E.A. at 480-926-9300 for a free consultation to see what options you should consider. Scott is licensed to represent you before the IRS in all 50 states but specializes in the Phoenix Arizona area for tax issues.