Tax Extension

Missed this year’s tax deadline? Don’t stress, you can still file for a tax extension. If you need more time to file, the IRS grants tax extensions. If you need tax extension help in Annapolis, Paramount Tax & BccountingBookkeeping has you covered. Please read below for detailed information on tax extensions:

How do I file a tax extension?

You can file for a tax extension by filling out the IRS Form 4868 online or printing it out and mailing it in.


How long is the tax extension?

If a tax extension is requested by the April 15 deadline, the IRS will grant taxpayers an additional 6 months of filing time. Tax extensions can be granted for any reason, as long as you file for an extension on or before April 15.


Is there a penalty for filing a tax extension?

While the IRS will extend your filing deadline to October 15 if you file for an extension, you still have to pay by the April 15 deadline. A tax extension only extends your filing time, not your payment time. If you are able to pay at least 90% of your taxes by the time you request an extension to file, then you will not face penalties. If you do not pay by the April 15 deadline, you may face a failure to pay penalty. This penalty is 0.5% of your owed amount and it starts accruing monthly the day after the deadline, with a maximum fine of 25%.


Paramount Tax and AccountingBookkeeping has accountingbookkeeping firms in Annapolis that can assist you in filing for a tax extension. Don’t take any chances with late payment as the penalties can be severe. Our tax experts can help you estimate the amount you owe so you can pay on time even if you need a filing extension. By requesting an extension and working with our tax experts, Paramount Tax and AccountingBookkeeping can help you with:

  • Filing accurately
  • Claiming all tax savings
  • Avoiding failure to file penalties
  • Stress free filing

Paramount has you covered for tax extension help in Annapolis. Take a moment to fill out our Free Consultation form and contact us today to learn more about our accountingbookkeeping services in Annapolis. Tax season can be stressful, especially when you are crunched for time. With Paramount Tax and AccountingBookkeeping, you can file stress free.

taxes in Annapolis

Easy Online Booking

Get started with Paramount for your tax services in Annapolis, MD, recommended by family and friends every time.

OR

Easy Online Booking

Get started with Paramount for your tax services in Annapolis, MD, recommended by family and friends every time.

OR

Request Appointment
Paramount Tax & Accounting CPAs Annapolis specializes in Employee Stock Options

Hear Why Our Clients Love Us

  • Jaleel Menifee
    John is an exceptional CPA—knowledgeable, responsive, and highly reliable. He’s been instrumental in helping Arcade stay compliant across multiple states and always goes above and beyond to ensure nothing falls through the cracks. Most recently, he turned around a time-sensitive project on extremely short notice and delivered flawlessly. I highly recommend John to any business owner looking for a trusted CPA partner who knows the details and gets things done.
  • Dottie Arbogast
    John is trustworthy and recommend his services
  • Ryan Fox
    I work with Laura and Elayne in Paramount's Campbell/Willow glen location. They both provide amazing service for my small consulting company for both tax filing and tax planning. The most important thing for my company is that they make themselves available to answer questions when we have them. Which is key when you are a growing a business and providing them good information when it comes tax time. I would recommend them without question.
  • Lois Burton
    John Kinney is knowledgeable, comprehensive and very professional. He did my taxes this year and I am very pleased with the caliber of his work. He is very personable and takes the anxiety out of doing taxes. Definitely a top notch accountant
  • Rithy Um
    It was amazing working with Mr. John Kinney on my tax returns. Very professional, fast, and detail-oriented.
  • Allen Francis
    I’m very happy with Elayne’s attention to detail and how quickly she was able to help me with my business and personal returns. Her pricing is very fair as well! I was with my passed accountant for over 30 years and was nervous about finding a replacement after he retired but I’m very comfortable with Elayne at Paramount.
  • James Bray
    John, is knowledgeable, reliable, and professional in the way conducts business. I highly recommend him!
  • Steve Preston
    Very nice to deal with and very professional.
  • margaret ross
    I recently had a tax situation that John was able to resolve with his skilled knowledge of accounting. I would highly recommend his services.
  • Pamela Lowe
    I highly recommend John for all of your tax and accounting needs. He is knowledgeable, experienced and a pleasure to work with. You will not be disappointed!
  • Ruth Conrad
    John is an amazing professional, caring, and an excellent accountant!
  • Cory Teason
    Very knowledgeable and professional
  • Kelly Capo
    Taxes were done on time with a nice refund!
  • William Stearns
    John has been my tax preparer for over 20 years. The tax returns he prepared for me have always been accurate and provided the maximum dollars returned. The returns have stood up to audit scrutiny without any concerns noted.
  • Lana Taylor
    John has been helping me with my income taxes for over 15 years. I own rental properties which makes it more complicated for tax preparation purposes. John is very knowledgeable, professional, and always on time. I highly recommend his services.
  • Amber Litchfield
    I see John about once a year for over five years now, and I am never disappointed. He is always very enthusiastic and puts me right at ease. Thank you John!
  • Carlos Contreras
    We were extremely pleased with the service John provided and very happy we left our last firm who was a mess. If you are looking for accounting services in annapolis I highly recommend.
  • Robert Blomberg
    Elayne is great to work with and does excellent work. Quick turnaround and I’m extremely happy with the results I receive. Definitely recommend Paramount Tax and Accounting!!!
  • Princess LMC
    Elayne is amazing and super helpful in maximizing our refund. Her fee is very reasonable too!
  • pbs pbs
    Elayne is very helpful and giving great advice. Appreciate that..
Annapolis, MD Tax Review

Don’t Leave Money Behind

Maximize your deductions and reduce your liabilities. Schedule with Paramount Tax & Accounting CPAs Annapolis today

Contact Us

Paramount Experience


Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting CPAs Annapolis, is that we know taxes!

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 Filing Late Taxes firm in Annapolis. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting CPAs Annapolis!

Free Consultation 410-562-5832

Upgrade to Tax & AccountingBookkeeping Firm


Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting CPAs Annapolis a call or visit our tax and accountingbookkeeping firm in Annapolis for a free consultation.

Individual Tax Preparation Business Tax Preparation

Why Choose Paramount Tax & Accounting CPAs Annapolis?

Annapolis, MD Tax Services

Through dedication to the three underlying principles of professionalism, responsiveness and quality, Paramount is committed to providing outstanding service to our clients.

Bookkeeping Services in Annapolis

Bookkeeping Services in Bountiful Paramount Tax is now offering financial and tax franchises across the US!

Let us make our success into your success!

Franchise Information Call: 801-784-6677