New Tax Filing Deadlines for Partnerships and Corporations

Lowndes
Contact

Last Friday, President Obama signed into law a bill that provides temporary funding for the highway trust fund.  Buried in the law are several permanent changes to the tax code that are unexpected.  Specifically, the deadline for filing tax returns for partnerships and S corporations has been moved up a month, from April 15th to March 15th.  The deadline for filing tax returns for corporations has been moved back a month, from March 15th to April 15th.  These changes will apply for tax returns due for tax years starting in 2016.  Be aware of how these changes could affect your private business.

 

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Lowndes | Attorney Advertising

Written by:

Lowndes
Contact
more
less

Lowndes on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide