September 15 Corporate Tax Filing Deadline for FYE June 30
The corporate tax filing deadline for corporations with a fiscal year-end (“FYE”) of June 30 is coming up on September 15. The temporary regulations that govern this deadline also provide for a seven-month filing extension, which would expire April 15. (Please note that the extension to file doesn’t extend the time in which a corporation must pay any tax that’s due.)
Both this deadline and the length of the extension are different from the tax filing deadlines of corporations with different fiscal year-end dates. Beginning with returns filed for the 2016 tax year, other C corporations generally file their tax returns on the fifteenth day of the fourth month after a corporation’s year-end and can request a six-month extension.
Some states have changed their due dates to coordinate with the changes to federal due dates in order to make it easier for corporations to file. The American Institute of Certified Public Accountants (“AICPA”) released a new state-by-state reference chart of tax return due dates for C corporations that have a December 31 year-end. This chart can also be used to determine the due dates for corporations with year-ends other than December 31 and June 30. The due date will use the same formula that the calendar fiscal year-end does (i.e., the fifteenth day of the fourth month after your fiscal year-end).
If your fiscal year-end is June 30, check in with your Cherry Bekaert advisor to double check whether or not your corporate tax filing deadline has moved.