My business has made a loss, but still, owe taxes to the IRS. Is it possible to request more time to pay the taxes to the IRS? 73 views | Last modified 3/6/2020 8:35:15 AM EST
A corporation that expects a net operating loss (NOL) in the current tax year can file Form 1138 to extend the time for payment of tax for the immediately preceding tax year. To know more, refer to this link.