Lynn Paslowski CPA

Lynn Paslowski CPA

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You are here: Home / Uncategorized / Due to Winter Storms, Many Businesses Have Extra Time to Request Extension

Due to Winter Storms, Many Businesses Have Extra Time to Request Extension

March 13, 2018 By admin Leave a Comment

Due to Winter Storms, Many Businesses Have Extra Time to Request Extension

March 13, 2018

Due to Winter Storms, Many Businesses Have Extra Time to Request Extension

The IRS today granted many businesses affected by severe winter storms additional time to request a six-month extension to file their 2017 federal income tax returns.

The IRS is providing this relief to victims and tax professionals affected by last week’s storm — known as Winter Storm Quinn — and this week’s storm — known as Winter Storm Skylar — that primarily hit portions of the Northeast and Mid-Atlantic.

Business taxpayers who are unable to file their return by the regular due date — Thursday, March 15, 2018 — can request an automatic extension by filing Form 7004, on or before Tuesday, March 20, 2018. Form 7004,  available on IRS.gov, provides a six-month extension for returns filed by partnerships (Forms 1065 and 1065-B) and S corporations (Form 1120S).

Eligible taxpayers taking advantage of this relief should write, “Winter Storm Quinn” or “Winter Storm Skylar,” on their Form 7004 extension request (if filing this form on paper). As always, the fastest and easiest way to get an extension is to file this form electronically.

The IRS will continue to monitor conditions and provide additional relief if circumstances warrant.

Filed Under: Uncategorized

How am I qualified to support you or become part of your business team?

I began practicing in 2001 after having worked in local and regional public accounting firms in New Jersey, specializing in small business and individual taxation. After graduating summa cum laude from Georgian Court University in 1998 with a Bachelors degree in Accounting, I went on to earn an MBA from Georgian Court in 2003 and also became a Certified Public Accountant. 

I have earned many awards and accolades throughout my academic career, graduating at the top of my class, and am currently an active member of the American Institute of Certified Public Accountants as well as the New Jersey Society of Certified Public Accountants.

Please contact me for more information on how I can help you come up with new and creative ideas to minimize your taxes and help grow your business. I look forward to speaking with you soon and earning your trust.

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