TRACY, Calif.--(Business Wire)--Mar. 31, 2005--TaxBrain.com (www.taxbrain.com) is now offering any taxpayer the ability to file for an extension of the April 15 deadline for IRS and state filings absolutely free.

According to Leroy E. Petz, TaxBrain.com president, "Unlike several major tax preparation companies who charge at least $20 for an online extension, TaxBrain.com offers any taxpayer this service at no charge. The taxpayer does not even have to be a user of TaxBrain.com."

Mr. Petz added, "The TaxBrain.com extension center is the most comprehensive in the industry, covering many different ways extensions can be obtained. Forms for extensions in any of the 44 states with income taxes are available, as well as for expatriates living abroad, and military personnel. In addition to filing online, extensions can be secured via regular mail, a credit card, or even over the telephone - the TaxBrain.com online extension center explains them all.

"The most frequently asked question," he continued, "concerns having to pay even though an extension is filed. The answer is 'yes.' If you owe money, you are still required to pay any taxes due by April 15, 2005 or you may be subject to penalties and interest. Use TaxBrain.com to find out how much you owe in both federal and state taxes; there is no charge for preparing and printing the preview copy of your tax return."

If the taxpayer is expecting a refund and cannot comply with the April 15 deadline because receipts, forms or other information are not available, TaxBrain.com advises that the IRS and most states require filing an extension regardless of whether taxes are owed or not. However, no additional fees, penalties or interest charges will be levied on a refund tax return filed after the April 15 deadline.

About TaxBrain® Online Tax Service

TaxBrain Online is the only web-based tax solution delivering online preparation, filing, professional assistance and representation in all 50 states. TaxBrain is a full-service online tax center providing tax advice, tools, and resources all year to help taxpayers manage their tax burden with greater confidence and ease. For more information visit www.taxbrain.com/press.

About Petz Enterprises, Inc.

Petz Enterprises, Inc. (a closely-held California corporation) is a software development company and a leading provider of tax preparation and filing solutions for the professional and consumer markets, helping to automate and simplify federal, state and local tax compliance. PEI's Crosslink® line of professional tax software products enable tax practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. Founded in 1974, Tracy, CA-based PEI is dedicated to serving the needs of the professional tax community and individual taxpayers worldwide. For more information, visit http://www.petzent.com.