Calendar year partnerships, including electing large partnerships, and S corporations must file their 2016 returns, and provide each partner/shareholder with a copy of Schedule K-1, by Mar. 15, 2017, or else file for an automatic 6-month extension on Form 7004.
The 2017 tax filing season begins January 23, 2017. Taxpayers claiming certain tax credits to expect longer wait for refunds. As a reminder, due dates for some business tax returns have changed for the 2016 filing. Contact us with questions.