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New Business Tax Deadlines for 2017

With guidance from the American Institute of Certified Public Accountants (AICPA), new legislation was approved changing filing deadlines for many common returns.

For example, deadlines for pass-thru entities - partnerships and S-Corps - are now due March 15, which is pushed up a month from previous due dates (but are still eligible for 6-month extensions to September 15). Returns for calendar year C Corps are now due April 15 - the same as those for individual and sole proprietor returns.

For a complete listing of the changes, visit this link from the AICPA website.

For a discussion as to the history and reasoning behind the change, visit this link from the Journal of Accountancy.

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