If your business is structured as a Partnership (Form 1065), you will have a new tax filing deadline for the 2016 tax year. Your Form 1065 tax return will now be due by March 15th just like a small corporation (Form 1120S).
The deadline for regular C corporations (Form 1120) will be pushed ahead one month to April 17th and become due the same time as personal returns. For corporations with a fiscal year of July 1st to June 30th, the deadline will still be September 15th (3 months after end of fiscal year). Regular corporation extensions are now allowed a 6-month automatic extension. [Read more…]