The income taxes for your business are not one size fits all, the timing of your deadlines will depend on whether you operate on a calendar year or a fiscal year. We will focus on the calendar year considering it is more common.
However, if you do operate on a fiscal year rather than the calendar year, here are the general rules.
The deadline for corporations to file Form 1120 or 1120-A
The deadline to file Form 1041
The deadline to file the Gift Tax Form 709
The deadline to file the Estate Tax Form 709
The deadline to make a contribution to your (IRA, Roth-IRA, HSA, etc.) retirement account.
September 15, 2020
This is the extended deadline for S-corporations to file the 1120-S
This is the extended deadline for Partnerships to file the Form 1065
This is the third-quarter deadline for estimated individual tax payments
September 30, 2020
This is the extended deadline to file the Estate Tax Form 1041
October 15, 2020
This is the last day that the IRS will accept ANY electronically filed tax returns for the Tax Year 2019, therefore this is the extended deadline for the following form
Gift Tax Form 709
Estate Tax Form 706
Form 1120, 1120-A
Extended deadline to make a contribution to your IRA, Roth-IRA, HSA, etc. account
Need More Time?
These forms are complex, and you may find that you need more time to file. If so, there is no need to be concerned. You can file an extension for an additional six months.
The extension form that you will need for your corporate business income tax returns is the Form 7004.
If you are a part of a partnership, you will also file Form 7004. Remember, in order to be granted an extension, it must be filed before your income tax form’s deadline. You can easily file this extension form with ExpressExtension within minutes AND you get your extension automatically! ExpressExtension is fast, accurate, and secure. Choosing ExpressExtension will ensure you file an error-free extension to the IRS every time!