tax preparation - C Corporation?
I incorporated my company as a "C" Corp this year - Feb 2009. When do I have to prepare / pay taxes next year? Is it the same time frame (April 2010) as my personal income taxes or does it have to be done in January 2010 (annual year Feb 09 - Jan 10)?
Public Comments
- I would file the part-year tax by March 15. And I would recommend finding a good accountant.
- Depends on which month you picked for your tax year end.. For coroporations with Dec 31st year end, the tax filing deadline is March 15th of the following year. Since you created the corp this year, if you pick dec 31st as the year end, you will have to file by Mar 15th 2010
- Corporate returns must be filed on the 15th day of the 3rd month following the end of the tax year. If your corporation is a calender year based corporation that date would be March 15 or the next business day after March 15th if that date falls on a weekend or holiday. Lee, Enrolled Agent http://www.hrblock.com/tax_professionals/leona_coleman.html This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to learn more.
