Extensions of Time to File Tax Returns. The original filing due date for tax returns Form 1120S and Form 1065 for the year ended December 31, 2019, is March 15, 2020 (2 ½ months after year-end). Due to the high volume of tax returns prepared by our firm, the information needed to complete the tax returns must be received no later than January 31, 2020, so that the returns may be completed by the original filing due dates. The original filing due date for Form 1120 and Form 1041 for the year ended December 31, 2019, is April 15, 2020, (3 ½ months after year-end), and the information needed to complete Form 1120 and Form 1041 by the initial due date must be received by February 28, 2020. It may become necessary to apply for an extension of the filing deadline if there are unresolved issues or delays in processing, or if we do not receive all of the necessary information from you on a timely basis. Applying for an extension of time to file may extend the time available for a government agency to undertake an audit of your return or may extend the statute of limitations to file a legal action. All taxes owed are due by the original filing due date. Additionally, extensions may affect your liability for penalties and interest or compliance with governmental or other deadlines. We are available to discuss this matter with you at your request. Additional charges will apply for such services.
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Sources: Tax Return Preparation Agreement, Tax Return Preparation Agreement