Until someone creates a method for (legally) avoiding filing tax returns altogether, the next best thing would have to be applying for a filing extension.

Did you know that one can file for a tax extension, for any reason, delaying the corporate tax filing deadline from March 16 to September 15?

San Diego startup FileLater aims to make the process of obtaining a tax extension as easy as possible, and on March 9, for one day only, FileLater will be offering free online tax extension filings for businesses. FileLater claims to be the first company to offer online application for corporate tax extensions.

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FileLater was founded by Ryan Thompson, formerly of Intel and Intuit (a major player in tax software), and Mark Faggiano, an entrepreneur with experience in operational management and web development. They are based out of La Jolla.

They offer tax extension applications for both individual and corporate returns. The tax extension for individual returns pushes the filing deadline from April 15 to October 15 and is priced at $17.95. The business tax extension normally costs $29.95. Both include free e-filing.

FileLater’s target market includes not only individuals and business owners, but CPAs as well, who can make use of FileLater for their clients and check the status of all clients’ extensions on a single page.

From FileLater:

Each year, five million businesses file tax extensions, extending their deadline to September 15. The extra time allows businesses to ensure that paperwork is completed correctly and that all possible deductions are found. Filing online makes this process quick and easy, and is the only way to receive a confirmation when the extension has been approved by the IRS. This confirmation will prevent business owners from having to pay substantial late fees if their extension is completed incorrectly and therefore rejected by the IRS or gets lost in the mail.

Business tax extensions are priced at $39.95. On March 9, businesses can use the coupon code freebiz to receive a free business tax extension. For more information on FileLater, please visit www.filelater.com.