New Tax Due Dates For The Upcoming 2018 Season.
There are several changes in due dates for federal tax returns, which will be effective for the 2018 filing season or the 2017 tax year. These modifications allow flow-through entities like Partnerships, LLCs and S Corporations to provide Schedule K-1s in March, one month before individual tax return due date. At the same time, C Corporations, which do not affect individual tax returns, will be filed one month later. Here is a summary of tax return filing deadlines: Partnerships and LLCs (Form 1065) The due date is moved up to March 15 or the 15th day or the third month after year-end with a six-month extension available S corporation (Form 1120S) The due date remains March 15 or the 15th day or the third month after year-end with a six-month extension available C Corporations (Form 1120) The due date is delayed till April 17 or the 17th day or the fourth… Read More