February 2014

Ask The Experts: Tax Extension

Thursday, February 20, 2014

Q: Is there a way to request an extension for Federal Unemployment Tax Act (FUTA) and State Unemployment Tax Act (SUTA) taxes as well as quarterly payroll taxes?

Unfortunately, there is no formal extension or payment plan related to the payment of FUTA and SUTA taxes. However, the Internal Revenue Service (IRS) will certainly work with you if there are taxes that are unpaid. Unfortunately, the IRS is somewhat less patient with payroll taxes since a majority of those amounts represent amounts that are withheld from employee paychecks. Be open and up front with the IRS about any payment issues that you might be having. Make sure that all payroll tax returns and other reporting requirements are timely and up to date. The IRS will not discuss this with you in much detail until all the forms are filed.


  1. RadEditor - HTML WYSIWYG Editor. MS Word-like content editing experience thanks to a rich set of formatting tools, dropdowns, dialogs, system modules and built-in spell-check.
    RadEditor's components - toolbar, content area, modes and modules
    Toolbar's wrapper 
    Content area wrapper
    RadEditor's bottom area: Design, Html and Preview modes, Statistics module and resize handle.
    It contains RadEditor's Modes/views (HTML, Design and Preview), Statistics and Resizer
    Editor Mode buttonsStatistics moduleEditor resizer
    RadEditor's Modules - special tools used to provide extra information such as Tag Inspector, Real Time HTML Viewer, Tag Properties and other.

Business Management Blog

Your Connection to Small Business Specialists

Read the Blog!