Tax Deadline Alert: Forms 1065 & 1120-S Due Today. File Form 7004 With ExpressExtension To Get More Time
ROCK HILL, SC / ACCESS Newswire / March 17, 2025 / Today, March 17, 2025, is another important day in the tax filing season, bringing a critical filing deadline for most forms, including Form 1120-S, 1065, 1042, and more. Failure to meet this deadline can result in severe IRS penalties and compliance issues. Businesses and withholding agents needing to extend their filing deadlines can request an extension using Form 7004. Filing an extension gives additional time to file their original tax return.
ExpressExtension, an IRS-authorized and SOC2-certified e-file service provider, delivers an effective solution to simplify the extension request process. With a user-friendly platform featuring time-saving features and world-class customer support, ExpressExtension simplifies the process.
Who Must Meet This March 17 Deadline?
Federal guidelines require specific business entities to submit their tax forms by this date. These businesses include but are not limited to:
For businesses needing more time to file their tax returns, requesting an extension is an option. By filing Form 7004, businesses can automatically extend their filing deadline by up to six months, providing the extra time needed to accurately prepare and submit their original returns.
However, it's important to note that while the filing deadline is extended, the IRS does not extend the deadline for tax payments. Businesses must pay any taxes owed by the original due date to avoid interest and penalties.
State Tax Deadlines
In addition to federal filing deadlines, many state deadlines also fall on March 17, 2025. Businesses are encouraged to verify their state filing requirements and deadlines to ensure full compliance with both federal and state tax regulations. The following states that have business tax deadlines today:
ExpressExtension: A Trusted E-Filing Solution for Instant Extension Approval
As an IRS-authorized 7004 e-file provider, ExpressExtension simplifies the extension request process with a secure, efficient, and user-friendly platform. Businesses can quickly submit Form 7004 for an extension, with advanced features that ensure accuracy and compliance with IRS regulations.
ExpressGuarantee: Get Approved, Whatever It Takes
ExpressExtension offers ExpressGuarantee, designed to provide peace of mind for businesses. If the IRS rejects Form 7004 due to a duplication error, ExpressExtension guarantees a full refund of the filing fee. If the IRS rejects the filing due to other errors, businesses can correct the information and resubmit it at no additional cost.
Exclusive PRO Features for Tax Professionals and High-Volume Filers
Bulk Filing Capabilities: Tax professionals and accounting firms can file large volumes of extensions simultaneously, streamlining the process.
Flexible Data Import Options: Customizable Excel/CSV templates are available for precise tax data uploads.
Centralized Client Management Dashboard: A dedicated dashboard allows tax professionals to efficiently manage an unlimited number of clients in an organized manner.
Businesses can extend their tax filing deadlines by using a reliable e-filing service like ExpressExtension. For more information, businesses are encouraged to visit ExpressExtension.com.
About ExpressExtension
ExpressExtension is the one-stop solution for IRS Tax Extensions. As an IRS-authorized, SOC 2 Certified e-file provider, ExpressExtension has been helping businesses, individuals, and non-profit organizations obtain IRS extensions. Supported forms include Form 7004, 4868, 8868, and 8809.
About SPAN Enterprises
Headquartered in Rock Hill, South Carolina, SPAN has been developing industry-leading software tools for e-filing and business management tools for over a decade.
The SPAN Enterprises Portfolio of products includes TaxBandits, ACAwise, ExpressExtension, 123PayStubs, and TruckLogics.
[email protected].
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NBC News
15 minutes ago
- NBC News
OpenAI's Sam Altman sees AI bubble forming as industry spending surges
OpenAI CEO Sam Altman thinks the artificial intelligence market is in a bubble, according to a report from The Verge published Friday. 'When bubbles happen, smart people get overexcited about a kernel of truth,' Altman told a small group of reporters last week. 'Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,' he was quoted as saying. Altman appeared to compare this dynamic to the infamous dot-com bubble, a stock market crash centered on internet-based companies that led to massive investor enthusiasm during the late 1990s. Between March 2000 and October 2002, the Nasdaq lost nearly 80% of its value after many of these companies failed to generate revenue or profits. His comments add to growing concern among experts and analysts that investment in AI is moving too fast. Alibaba co-founder Joe Tsai, Bridgewater Associates' Ray Dalio and Apollo Global Management chief economist Torsten Slok have all raised similar warnings. Last month, Slok stated in a report that he believed the AI bubble of today was, in fact, bigger than the internet bubble, with the top 10 companies in the S&P 500 more overvalued than they were in the 1990s. In a Monday email to CNBC, Ray Wang, research director for semiconductors, supply chain and emerging technology at Futurum Group, said that he thought Altman's comments carry some validity, but that the risks are company-dependent. 'From the perspective of broader investment in AI and semiconductors... I don't see it as a bubble. The fundamentals across the supply chain remain strong, and the long-term trajectory of the AI trend supports continued investment,' he said. However, he added that there is an increasing amount of speculative capital chasing companies with weaker fundamentals and only perceived potential, which could create pockets of overvaluation. Many fears of an AI bubble had hit a fever pitch at the start of this year when Chinese start-up DeepSeek released a competitive reasoning model. The company claimed one version of its advanced large language models had been trained for under $6 million, a fraction of the billions being spent by U.S. AI market leaders like OpenAI, though these claims were also been met with some skepticism. Earlier this month, Altman told CNBC that OpenAI's annual recurring revenue is on track to pass $20 billion this year, but that despite that, it remains unprofitable. The release of OpenAI's latest GPT-5 AI model earlier this month had also been rocky, with some critics complaining that it had a less intuitive feel. This resulted in the company restoring access to legacy GPT-4 models for paying customers. Following the release of the model, Altman has also signaled more caution about some of the AI industry's more bullish predictions. Speaking to CNBC, he said that he thought the term artificial general intelligence, or 'AGI,' is losing relevance, when asked whether the GPT-5 model moves the world any closer to achieving AGI. AGI refers to the concept of a form of artificial intelligence that can perform any intellectual task that a human can — something that OpenAI has been working towards for years and that Altman previously said could be achieved in the 'reasonably close-ish future. ″ Regardless, faith in OpenAI from investors has remained strong this year. CNBC confirmed Friday that the company was preparing to sell around $6 billion in stock as part of a secondary sale that would value it at roughly $500 billion. In March, it had announced a $40 billion funding round at a $300 billion valuation, by far the largest amount ever raised by a private tech company. In The Verge article on Friday, the OpenAI CEO also discussed OpenAI's expansion into consumer hardware, brain-computer interfaces and social media. Altman also said that he expects OpenAI to spend trillions of dollars on its data center buildout in the 'not very distant future,' and signaled that the company would be interested in buying Chrome if the U.S. government were to force Google to sell it. Asked if he would be CEO of OpenAI in a few years, he was quoted as saying, 'I mean, maybe an AI is in three years. That's a long time.'
Yahoo
32 minutes ago
- Yahoo
Riskified (RSKD) Q2 Earnings Meet Estimates
Riskified (RSKD) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this provider of fraud-prevention services would post earnings of $0.01 per share when it actually produced earnings of $0.03, delivering a surprise of +200%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Riskified, which belongs to the Zacks Internet - Software industry, posted revenues of $81.06 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.22%. This compares to year-ago revenues of $78.73 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Riskified shares have added about 11.2% since the beginning of the year versus the S&P 500's gain of 9.7%. What's Next for Riskified? While Riskified has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Riskified was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.02 on $80.43 million in revenues for the coming quarter and $0.18 on $340.58 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, nCino (NCNO), has yet to report results for the quarter ended July 2025. The results are expected to be released on August 26. This company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4.4% higher over the last 30 days to the current level. nCino's revenues are expected to be $143 million, up 8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Riskified Ltd. (RSKD) : Free Stock Analysis Report nCino Inc. (NCNO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research


CNBC
43 minutes ago
- CNBC
This has been one of the best earnings seasons on record, per Goldman Sachs
Second-quarter earnings season is coming to a close, and Goldman Sachs said that companies' performance this time is one of the best ever. Of the 92% S & P 500 companies that have reported, 60% have beaten consensus earnings per share forecasts by more than a standard deviation of analyst estimates, according to data from the firm. That signifies the "highest rate in our 25 years of data history outside of 2009 and the COVID reopening," it found. "With the 2Q 2025 earnings season nearly complete, the quarter has been marked by one of the greatest frequency of earnings beats on record," wrote David Kostin, Goldman's chief U.S. equity strategist, in a note dated Aug. 15. The bar for this reporting season was already set lower heading into it, the strategist said. Concerns around the impacts of President Donald Trump's tariffs – which were announced at the start of the quarter and later pushed back – dampened Wall Street's expectations. Kostin estimates that aggregate S & P 500 earnings per share rose 11% compared to last year, surpassing the 4% consensus expectation. "The outperformance largely resulted from the low bar set when analysts aggressively cut estimates this spring," he wrote. He also said that profit margins for the S & P 500 have been "more resilient to tariffs than investors feared." "While we expect companies will generally be able to mitigate tariff costs and maintain their profit margins, the magnitude of margin expansion embedded in consensus estimates appears unrealistic," he continued. "We expect the strong recent trajectory of analyst earnings revisions to weaken going forward, but no more than the average downward trend of the last few decades." This might be a double-edged sword, however, as this strong season has led to a ratcheting up of earnings per share forecasts for the future. Notably, 58% of companies hiked their 2025 guidance, double the share of firms that did so in the first quarter, Kostin said. Analysts did the same, upping their earnings estimates in most sectors for both this year's second half as well as for 2026. To be sure, Kostin said that analysts still foresee a deceleration in S & P 500 earnings per share growth in the months ahead, dropping to 7% in the second half from 11% in the second quarter.