Welcome to Tax-No Tuesday! Did you file an extension last March 15 for your partnership or S-Corp return? On this 2-minute episode, we will go over The things you need to Know on Business filing deadline.
Segment 1: The S-Corp or Partnership Return need to be submitted on or before September 15.
Segment 2: Even if you are granted an extension to file, you must already pay the business taxes if any last April 15.
Segment 3: Don’t ever fail to submit your business return before the deadline, simply because the penalty is $195 per month beginning on the original date of business filing which is March 15 of this year This can be overwhelming, and as usual we are here to help