Here's a sample of the
changes:
Partnerships
(Form 1065) – 2½ months after the close of the
tax year. For calendar-year partnerships, that means a due date of March 15.
C
corporations (Form 1120) – 3½ months after the close of
the tax year. For calendar-year C corporations the due date will be April 15.
Note there is a special rule for C corporations with a June 30 year-end. These
corporations will not have to comply with the new due dates until after 2025.
S
corporations (Form 1120S) – No change. The due date
remains 2½ months after the close of the tax year (March 15 for calendar-year
corporations).
Call us at (518) 798-3330 for more information.
