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2016 Updates on Overtime Regulations and Tax Return Due Dates

Posted 12:00 PM by

A federal judge issued an injunction Nov. 22 that indefinitely delays the effective date of the new overtime regulations. These new regulations were set to go into effect on Dec. 1, 2016. It will be up to President-elect Trump’s administration to determine whether the overtime rules should be revised.

Tax Return Due Dates

The due dates for certain 2016 tax returns, which are due in 2017, have been changed. For some returns, both the original and extended due dates have changed, while for other returns, just one of the dates has changed. There are also returns where neither dates changed.

The table below lists common returns, along with their original and extended dues dates. Unless otherwise noted, the due dates are based on a calendar year-end.

Note: Due dates that have changed are displayed in bold, red font.

Return Type

Original and Extended Due Dates Under Prior Law

New Original and Extended Due Dates

Partnership
(Form 1065)

April 15

March 15

Sept. 15

Sept. 15

S corporation
(Form 1120S)

March 15

March 15

Sept. 15

Sept. 15

Trust and estate
(Form 1041)

April 15

April 15

Sept. 15

Sept. 30

C corporation
(Form 1120)

March 15

April 15

Sept. 15

Sept. 15

C corporation
Fiscal year-end other than Dec. 31 or June 30

15th day of the third month after year-end

15th day of the fourth month after year-end

15th day of the ninth month after year-end

15th day of the tenth month after year-end

C corporation
June 30 fiscal year-end

Sept. 15

Sept. 15

March 15

April 15

Individual
(Form 1040)

April 15

April 15

Oct. 15

Oct. 15

Exempt organizations
(Form 990)

May 15

May 15

August 15

Nov. 15

Nov. 15

Employee benefit plans
(Form 5500)

July 31

July 31

Oct. 15

Oct. 15

FinCEN Report 114
(FBAR)

June 30

April 15

Oct. 15

Information returns
(W-2s and 1099s)

To recipient – Jan. 31

To recipient – Jan. 31

To IRS/SSA – Feb. 28 (March 31 if filed electronically)

To IRS/SSA – Jan. 31 (for W-2s and 1099-MISC)

All other 1099s are Feb. 28 (March 31 if filed electronically)


Some additional notes regarding tax return due dates:

  • The dues dates listed above for C corporations apply to years before Jan. 1, 2026. After Jan. 1, 2026, there will be additional changes made to the due dates.
  • For exempt organizations, the extension period has changed from two three-month extensions to one automatic six-month extension.
  • For trusts that are required to file Form 5227, the extension period has changed from two three-month extensions to one automatic six-month extension.

About Us
As one of the top 60 CPA firms in the nation, Katz, Sapper & Miller has earned a reputation as a leader in the areas of accounting, tax, and consulting services. We are consistently named one of the “Best of the Best” accounting firms in the nation by INSIDE Public Accounting magazine. Learn more

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