Hi Guys! It’s me again, Buffie the Tax Heiress!  Have you filed your business tax return for tax year 2010 yet?  Well you better get a move on!  The deadline for filing corporate tax returns (Forms 1120, 1120A, and 1120S) or requesting an automatic extension of time to file (Form 7004) is March 15, 2011.  The penalties for filing late are pretty high so give us a call today!  March 15, 2011 is also the deadline to file an amended corporate tax return (1120X) from tax year 2007 and still claim a refund.

The deadline to file a partnership return (Form 1065) or request an automatic 5-month extension is April 18, 2011.  Estate or Trust Income Tax Returns (Form 1041) are also due on April 18, 2011.

Don’t stress if you aren’t ready to file yet. Gather as much information as you can, and we can file for an automatic 6-month extension of time to file for corporate returns and an automatic 5-month extension next month for Partnerships and Trusts.

Smooches,

Buffie the Tax Heiress