Tax: In Case You Can't ..

Your 2005 taxes are due by midnight of Monday, April 17, 2006. In case you are not prepared to submit yet, here are some useful information:

Individual Extension: You can now use Form 4868 to obtain a single automatic 6-month extension (which used to be 4-months until last year). Form 2688, which was meant for getting a second extension, has been eliminated. By filing for an extension you will avoid the late filing penalty (5% per month with a maximum of 25%), but you will still be subject to interest and late payment penalty in case you owe any taxes.

Business Extension: Starting January 1, 2006, all eligible business taxpayers can use form 7004 to request an automatic 6-month extension to file returns. In prior years, non-corporate business taxpayers had to request an initial 3-month extension, and then another 3-month extension, if needed.

Here is the link to all kinds of Forms and Instructions from IRS website.