What Is Form 990: Return of Organization Exempt From Income Tax? Even organizations exempt from paying federal income tax must report their activities annually to the Internal Revenue Service (IRS).

Once filed, Form 7004 is automatically approved unless the IRS contacts the filer to deny the extension. However, businesses should not assume that approval means they do not need to pay estimated ...

The IRS has more than $1 billion in unclaimed tax refunds for 2021. The deadline is fast approaching to claim yours.

Businesses that need extra time to file their tax returns can request ... According to the IRS, most business entities that file Forms 1065, 1120, 1120S, 1041, 990-T, and certain other information ...