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SMALL BUSINESS NEWS

15 Feb 2016

 

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New Tax Filing Due Dates for 2016

There are some changes to the tax filing date for small businesses in 2016. 

For Sole Proprietors the tax filing date is 18 April 2016 without being subject to penalties. 

For Large Partnerships, S-Corporation and C-Corporations the filing deadline is 15 March 2016.  There is an exception for corporations with fiscal years that do not align with the normal calendar year.  For these corporations the due date is the 15th day in the fourth month following their fiscal year’s last quarter.

Remember that you can request a six month extension.  If you file for an extension send your request with an estimated payment by the due date.  There are penalties for filing late.

Sources:
IRS


By Bill Williams

 

 

 

 

 

 

 

 

 

 
 

 

  
 

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