IMPORTANT TAX DEADLINE COMING UP TO AVOID PENALTIES: September 15th, 2015
March 15th, 2015 is the typical deadline for filing Corporate tax returns (1120 and 1120S) and April 15th, 2015 Partnership Returns (1065) assuming you are on a calendar year. If the deadline falls on a Saturday, Sunday or a legal holiday, then the due date is the next business Monday.
Now, if you have properly filed your extension by those due dates by filing IRS Form 7004, then you have until September 15th, 2015 to file those forms. This extension gives you time to file your return but not for payments of any taxes owed.
The tax returns are usually considered filed when sent by a mailing service. But in order to show proof that you have sent your return on time, it is recommended to send the tax return through certified mail by the USPS.
The returns can also be filed electronically as well, which is what the Internal Revenue Service prefers for the method of filing.
Therefore, it is important to file your tax return on time to avoid penalties that can be costly.
Modi CPA is a licensed firm in the state of Texas in The Colony, TX. We are a qualified firm to discuss Domestic tax matters such filing due dates and Offshore/Foreign US tax implications regarding Inbound and outbound matters. Do not hesitate to contact our office should you have further questions. Our Phone number is (904)616-5918 and email is RaviModiCPA@gmail.com