by Renu Vardhan | Aug 9, 2010 | Late Filing Penalty Relief, Tax Administration, Tax Changes, Tax Due Dates, Tax Penalties
Time is running out and the tax returns for S Corporation are due soon. The final deadline to file S Corp tax returns (Form 1120S) is September 15th, 2010 if an extension was requested.S Corporation’s no longer enjoy the luxury to file late and not pay the...
by Renu Vardhan | Aug 9, 2010 | Late Filing Penalty Relief, Tax Changes, Tax Due Dates, Tax Penalties
Time is running out and the tax returns for partnership are due soon. The final deadline to file partnership tax returns (Form 1065) is September 15th, 2010 if an extension was requested.Partnership no longer enjoy the luxury to file late and not pay the penalty.For...
by Renu Vardhan | Sep 15, 2009 | Late Filing Penalty Relief
Rev. Proc. 84-35 provides a reasonable-cause safe harbor for certain small partnerships. Under this procedure, a domestic partnership composed of 10 or fewer partners, each of whom is a natural person (other than a nonresident alien) and each of whom has fully...