Business Income Tax Deadlines: Know When to File and Pay


Navigating the due dates for your business income tax is crucial to stay compliant. Here's a breakdown of key deadlines based on business entity types:

1. C-Corporation:

  • Due Date: The filing and payment for C-Corporations are typically due by the 15th day of the fourth month following the end of the tax year.

  • Example: If your corporation follows the calendar year, which ends on December 31, the due date falls on April 15.

2. S-Corporation and Partnership:

  • Due Date: S-Corporations and partnerships typically have a due date of the 15th day of the third month following the end of the tax year.

3. Non-Profit Organizations:

  • Due Date: Non-profit organizations have a due date of the 15th day of the fifth month following the end of the tax year.

Extensions:

  • If you require an extension for filing, specific procedures need to be followed.

Understanding these deadlines is vital for avoiding penalties and staying compliant with tax regulations. At CCL Tax & Accounting, Inc., we're here to ensure that you meet all necessary deadlines and navigate your business income tax obligations with ease. Your business's financial well-being is our priority, every step of the way.