How to file tax return extensions

How to file tax return extensions

– Due dates for filing tax extensions for Forms 1040 and 1120 are April 15th.
– An extension of time to file a return does not grant an extension of time to pay owed taxes.
– Automatic extensions are granted in certain situations, such as natural disasters or for U.S. citizens living outside of the country.
– Clients can request up to an additional six months to file their U.S. individual income tax return.
– Preparers must use Form 7004 to request a six-month extension of time to file certain business income tax returns, including Form 1120 clients.
– There are specific periods for correcting and resubmitting rejected tax returns or extensions.

Truce talks between Israel and Hamas to resume in Cairo

Truce talks between Israel and Hamas to resume in Cairo

Truce talks between Israel and Hamas were set to resume in Cairo, with negotiations mediated by Qatar and Egypt. Israel is considering a six-week suspension of its offensive in return for the release of hostages held by Hamas. More than 32,000 Palestinians have been killed in Israel’s military offensive in Gaza. Fighting has continued around Gaza City’s main hospital, Al Shifa, with conflicting reports on armed presence and casualties.

Famine ‘quite possibly’ in some areas of north Gaza, US official says

Famine ‘quite possibly’ in some areas of north Gaza, US official says

Famine is possibly present in parts of the northern Gaza Strip, with a scarcity of trucks hindering aid distribution.

Gaza fisherman braves Israeli navy fire to support his family

Gaza fisherman braves Israeli navy fire to support his family

– Palestinian fisherman Jalal Qaraan faces dangers at sea due to Israeli navy attacks
– More than 32,000 Palestinians have been killed in the Gaza war
– Fishing in Gaza has become difficult due to the war, with many families unable to enjoy fish during Ramadan

World Court orders Israel to halt Gaza famine; Hamas says ceasefire needed

World Court orders Israel to halt Gaza famine; Hamas says ceasefire needed

The World Court ordered Israel to ensure basic food supplies to Gaza’s Palestinian population and halt spreading famine.

ANALYSIS-Russian veto points to ‘grim future’ for North Korea sanctions enforcement

ANALYSIS-Russian veto points to ‘grim future’ for North Korea sanctions enforcement

Russia vetoed the renewal of the panel of experts monitoring UN sanctions against North Korea, signaling a grim future for sanctions enforcement. Russia and China have denied breaking sanctions and have blocked new measures at the UN Security Council. Russia’s veto highlights its deepening ties with North Korea and its violation of sanctions by buying conventional arms. The end of the panel could lead to more evidence of sanctions violations being released to the public. Russia’s veto suggests it does not want its illegal procurement of North Korean weapons to be reported. The US and South Korea have launched a task force to prevent North Korea from procuring illicit oil, particularly from Russia.

Israeli strikes on Syria kill dozens, security sources say

Israeli strikes on Syria kill dozens, security sources say

Israeli strikes in Aleppo killed 38 people, including five members of Hezbollah, in the deadliest attacks in an intensified campaign against Iran’s allies in Syria.

Zelenskiy tells U.S. House speaker: quick passage of military aid is vital

Zelenskiy tells U.S. House speaker: quick passage of military aid is vital

President Volodymyr Zelenskiy urged the U.S. House of Representatives to pass a new military aid package for Ukraine quickly. Republican Speaker Mike Johnson has delayed a bill that would provide billion in military and financial aid for Ukraine. Ukrainian troops are facing shortages of artillery supplies as aid is held up in Congress.

Nigeria to free 313 suspected Boko Haram insurgents for lack of evidence

Nigeria to free 313 suspected Boko Haram insurgents for lack of evidence

Nigeria’s military will release more than 300 people suspected of being part of the Boko Haram insurgency after a court ruled there was no evidence they committed any crimes.