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Tax Deadline for S Corporation (1120S) and Partnership (1065) is March 15, 2021 - File Extension

The 2020 tax return filing deadline for S Corporations (1120S) and Partnerships (1065) is March, 15, 2020. If your business cannot meet the tax filing deadline, then file and tax filing extension to avoid getting the filing late penalty. Visit our website - https://freedomtaxaccounting.com/ DISCLAIMER This video is intended for education purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Freedomtax Accounting and Multiservices Inc. is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience. Freedomtax Accounting and Multiservices Inc. or its members cannot be held liable for any use or misuse of this content. Partnership returns (IRS Form 1065): These are due March 15, 2021. The extended deadline is Sept. 15, 2021. S-corporation returns (IRS Form 1120-S): These returns are due March 15, 2021, for corporations operating on a calendar year. The extended deadline is Sept. 15, 2021. The deadline for S-corp and partnership returns is the 15th day of the fourth month following the end of the fiscal year, if they're on a fiscal year rather than a calendar year. #taxdeadline #scorptaxdeadline #partnershiptaxdeadline #1120s #1065 #irs

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