There are a few “unofficial” signs that summer is over.

The first few cool days in the forecast, the day after Labor Day, and the corporate extension deadline. Well, we are CPAs!

So – back to business this 1st full week of September with a few fall reminders;

Final deadline for partnerships and S Corporations (with extension) is September 15, 2022

Final deadline for C Corporations and individuals (with extension) is October 17, 2022

Typically, the tax return due date for flow-through entities is the fifteenth day of the third month of the company’s fiscal year. So the S Corporation and LLC tax return due date in 2021 will fall on March 15 (for partnerships that follow the calendar year). The extended due date for flow-through taxes will be September 15, 2021.

The tax return due date for individuals and corporations typically falls on the fifteenth day of the fourth month of the company’s fiscal year. For calendar year companies, this date tends to fall on or around Emancipation Day, which can impact the deadline. (Emancipation Day is April 16, but the government recognizes it on a Friday if that day falls on a Saturday and Monday if it falls on a Sunday.) The extended due date for corporate and individual taxes will be October 17, 2022.