Tax Tip Tuesday: March 15th Deadline

Here are some important items due on March 15th.

• Calendar S-Corporation tax returns are due.

• Calendar year partnership tax returns are due.

• An automatic six-month extension can be requested for both types of returns.

• Contributions to pension and profit sharing plans for S-Corporations and Partnerships are due unless a six-month extension is requested.

We will be taking a break next week and will be back with a new edition on Tuesday, March 20th.

Disclaimer: The items included in the Tax Tip Tuesday Video Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation. IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advise contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.