Some business income tax returns, due 3-15-19

Just a quick reminder that some business tax returns are due a month early!

Due by March 15th, each year.

If you have a...

* multi-member LLC  (1065)

* partnership  (1065)

* s corporation  (1120s)

your due date is a month early. This year, by 3-15-19

An exception - C corporation income tax returns are due April 15th

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Single member LLC or sole proprietorships

(not electing "s" tax status) still file their income taxes

with individual form 1040 on Schedule C - due 4-15-19 

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Also, if you started an s corporation in 2019...

have your attorney file Form 2553 along with all the other incorporation paperwork, Form SS-4 & Oregon state registration!

* your s tax election on Form 2553 is due before 3-15-19 (don't be late)

See ALL IRS deadlines here --> https://www.irs.gov/pub/irs-pdf/p509.pdf

If you need to extend your tax deadline. File a timely extension

https://www.irs.gov/pub/irs-pdf/f7004.pdf

https://www.irs.gov/pub/irs-pdf/i7004.pdf

Also, every business in Oregon must file a "personal property" report with their county assessors' office - that report needs to be postmarked by or arrive in the assessors' office by 3-15-19 (send by certified mail or deliver & get a receipt). This is not part of my firms normal income tax service, so email asap if you need help with this!

https://www.oregon.gov/DOR/programs/property/Pages/personal-property.aspx

Please email or call ASAP, if you have questions or need service. Thanks!

Happy tax season...

Garland 

Garland Taylor CPA, Pres.

Garland Taylor CPA, PC

Garland